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:
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If you sell up to 19 policies, your bonus per policy is $30.
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If you sell up to 49 policies, your bonus per policy is $75.
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If you sell up to 74 policies, your bonus per policy is $125.
If you sell 75+ policies, your bonus per policy is $175* .
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Maximum bonus payout for applicants aged 65-69 is $175.
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Maximum bonus payout for applicants aged 70-79 is $125.
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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
Bonus Period
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The 2022-2023 Medicare Supplement Insurance Plan Bonus Program runs May 1, 2022 through January 31, 2023.
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Policies must be issued, in effect and current during the bonus program period.
Bonus Payouts
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The amount you earn per policy is calculated using the total number of policies sold during the program.
Terms & Conditions
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Only new BCBSTX Medicare Supplement Insurance policies qualify for the bonus program. Renewals or rewrites do not count.
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High Deductible plans (F and G), and plans K and N and plan N Select are not counted as part of the bonus program.
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An existing BCBSTX Medicare Advantage plan subscriber that moves to a Medicare Supplement Insurance policy does not qualify.
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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.
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A minimum of 5 Medicare Supplement Insurance policies need to be issued and paid to qualify for this bonus program.
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Eligibility is based on the production of a writing producer/sub producer.
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Payment will be made to the submitting Agency.
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TMOs are included in the program.
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Policies issued at age 80+ and U65 disabled Medicare Supplement Insurance policies do NOT count toward the bonus.
