| COMMISSION SCHEDULE - Group
Plan |
Commission Rate |
Oregon |
Oregon and Clark County, WA Small Group
Plans |
Commission Scales for Groups of
1 – 50 Employees |
Effective 2/1/2011
Medical:
Innova
Engage
Activate
HSA 2.0
|
$25 Per Employee Per Month (PEPM) |
Effective 2/1/2011
Dental:
Radiance
Expressions
Encore
|
$3.50 PEPM |
| Plan |
Commission Rate |
Amount of Annualized Premium: |
Commission Scales for Groups Over 50 Employees |
On the first $4,000 of premium |
10.0% |
On that part of premium in excess of $4,000 but
not exceeding $8,000 |
8.0% |
On that part of premium in excess of $8,000 but
not exceeding $12,000 |
6.0% |
On that part of premium in excess of $12,000 but
not exceeding $50,000 |
4.0% |
On that part of premium in excess of $50,000 but
not exceeding $250,000 |
3.0% |
On that part of premium in excess of $250,000
but not exceeding $500,000 |
2.0% |
On that part of premium in excess of $500,000
but not exceeding $1,000,000 |
1.0% |
On that part of premium in excess of $1,000,000 |
0.5% |
* To determine annualized premium, we multiply each groups months reconciled premium by 12(months) then that annualized premium is run through the commission scale and one-twelfth is paid for that month.
Premium for medical insurance issued to a “group” as defined under state insurance law shall be aggregated for purposes of calculating regardless of the number of contracts issued to that Company issuing the contract. Premium for dental insurance issued to a group shall be aggregated for purposes of calculating commission but shall be aggregated separately from premium for medical insurance issued to the same group.
For any question concerning your commission or your commission statement, please contact our Agent Desk at (503) 225-4960 or toll-free at (800) 452-7278 extension 4960 |
