BlueCross BlueShield 2022-2023 Bonus Program
2022-2023 Medicare Supplement Insurance Plan Bonus Program
Blue Cross and Blue Shield of Texas (BCBSTX), is committed to rewarding you for your extra efforts throughout the year with a special bonus program for new Medicare Supplement Insurance Plan sales. It’s our way of saying thank you for all you do.
The Medicare Supplement Insurance Plan Bonus Program includes a tiered bonus schedule based on your production level. The higher the number of Medicare Supplement Insurance policies sold by a writing producer throughout the program period, the higher total payout.
There is no maximum payout!
Bonus Amounts Based on Production
There are four bonus-per-policy amounts, depending on the total number of policies sold during the bonus period:
If you sell up to 19 policies, your bonus per policy is $30.
If you sell up to 49 policies, your bonus per policy is $75.
If you sell up to 74 policies, your bonus per policy is $125.
If you sell 75+ policies, your bonus per policy is $175* .
Maximum bonus payout for applicants aged 65-69 is $175.
Maximum bonus payout for applicants aged 70-79 is $125.
Applications submitted for age 80+ will not count toward production minimum or bonus payout. You must sell a minimum of 5 new policies during the program period to qualify for the bonus.
2022-2023 Bonus Program Medicare Supplement Insurance Plan
The 2022-2023 Medicare Supplement Insurance Plan Bonus Program runs May 1, 2022 through January 31, 2023.
Policies must be issued, in effect and current during the bonus program period.
The amount you earn per policy is calculated using the total number of policies sold during the program.
Terms & Conditions
Only new BCBSTX Medicare Supplement Insurance policies qualify for the bonus program. Renewals or rewrites do not count.
High Deductible plans (F and G), and plans K and N and plan N Select are not counted as part of the bonus program.
An existing BCBSTX Medicare Advantage plan subscriber that moves to a Medicare Supplement Insurance policy does not qualify.
All Medicare Supplement Insurance policies must be in force at the time of calculation, which is January 31, 2023. For example, if a policy is sold and then terminates within the program period, the policy does not qualify. Also, new policies that undergo a producer of record transfer during the program period will only count toward the bonus of the producer of record at the time of calculation.
A minimum of 5 Medicare Supplement Insurance policies need to be issued and paid to qualify for this bonus program.
Eligibility is based on the production of a writing producer/sub producer.
Payment will be made to the submitting Agency.
TMOs are included in the program.
Policies issued at age 80+ and U65 disabled Medicare Supplement Insurance policies do NOT count toward the bonus.