Renewal confirmation must be received
prior to customer renewal date.
Applies to current contracts on the books
with AmeriHealth New Jersey in all medical product lines within the small
group SEH market segment with renewal dates of 9/1/18 through 12/1/18.
The program will be applied to all
General Agents and producers licensed and writing business in the State of
Bonus payout will be on or before
March 31, 2019, and paid directly to the qualifying GA. The GA will
pass down the bonus payments to the writing producer.
Producers do not have to sell a minimum
number of contracts in order to qualify for payout, however there is a
minimum of 100 contracts sold during the program timeframe on the New
Business Broker Bonus Program for the GA to receive any bonus payout.
If a GA does not qualify, all bonus
dollars are forfeited including any producer bonus dollars they would have
received and otherwise passed through to the producer.
Renewed customers and contracts must
still be in effect at the time of payout, March 31, 2019. The count of
renewed contracts will be based on data at the time of bonus payout.
Only existing contracts with renewal
dates of 9/1/18 through 12/1/18 in the SEH market segment, underwritten or
administered by AmeriHealth HMO, Inc. or AmeriHealth Insurance Company of
New Jersey (collectively AmeriHealth New Jersey) will be counted and
qualify for the bonus payments.
Broker of Record transfers during the
period and customers transferred from one of AmeriHealth New Jersey's
affiliated companies will not be taken into account for bonus
calculation purposes. Only existing, commissionable contracts currently on
the books with customer renewal dates between 9/1/18 and 12/1/18 will be
included in the calculation of the number of contracts eligible for the
The bonus payout is in addition to
Bonus payments to producers will be
administered by the qualifying GA. Producer eligibility for bonus payments
is contingent upon GA participation and 100 contract minimum
being met in the New Business Broker Bonus Program.
Direct producers will be
Only medical contracts are counted toward
eligibility for this program.
AmeriHealth New Jersey reserves the right
in its sole discretion to change the terms of the broker bonus program or
to discontinue the program at any time without notice.