Blue Cross Blue Shield of Texas Announces 2024 Medicare Supplement Bonus Program!

We are pleased to announce the Blue Cross Blue Shield of Texas Medicare Supplement Bonus Program for 2024-2025. Individuals can contribute to assisting the growing population of Medicare-eligible adults while earning a bonus of up to $200 per new Medicare Supplement policy sold!

The details of the bonus program are as follows:

  • The program begins on April 1, 2024, and concludes on Jan. 31, 2025.
  • Selling up to 30 new policies entitles the seller to a bonus of $50 per policy.
  • Selling up to 74 new policies qualifies the seller for a bonus of $100 per policy.
  • Selling up to 150 new policies results in a bonus of $150 per policy.
  • Selling 151 or more new policies can earn a bonus of up to $200 per policy.
  • Only new policies will be counted; rewrites will not be considered.
  • A minimum of five new policies must be sold during the program period to qualify.

 

Terms & Conditions:

  • Only new BCBSTX Medicare Supplement Insurance policies qualify for the bonus program; renewals or rewrites are not eligible.
  • High Deductible plans (F and G) and Select plans (G and N) are excluded from the bonus program.
  • Existing BCBSTX Medicare Advantage plan subscribers who switch to a Medicare Supplement Insurance policy are not eligible.
  • All Medicare Supplement Insurance policies must be active as of Jan. 31, 2025, to qualify for the bonus.
  • Eligibility is determined based on the production of a writing producer/sub-producer.
  • Payment will be made to the submitting Agency.
  • 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.
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