BlueCross and BlueShield of TX is pleased to announce the Medicare Supplement Bonus Program for 2024 – 2025! You can help the growing population of Medicare-eligible adults while earning a bonus! Make up to $200 per new Medicare Supplement policy sold.
The details: The bonus program begins April 1, 2024 and runs through Jan. 31, 2025.
- Sell up to 30 new policies: your bonus per policy is $50
- Sell up to 74 new policies, your bonus per policy is $100
- Sell up to 150 new policies, your bonus per policy is $150
- Sell 151+ new policies, your bonus per policy can be up to $200
These must be new policies, as rewrites will not be counted.
You must sell a minimum of five new policies during the program period to qualify.
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 Select plans (G and N) 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 Jan. 31, 2025. 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.
- Eligibility is based on the production of a writing producer/sub-producer. Payment will be made to the submitting Agency.
- Third-Party Marketing Organizations (TMOS) are included in the program.
- Under 65 disabled Medicare Supplement Insurance policies do NOT count toward the bonus.
- The bonus will be paid within 60 to 90 days from the end of the program, which is Jan. 31, 2025.
- Payment of the bonus will be included in the normal monthly commission statement.
