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Dear BCBSNC Producer,
Blue Cross and Blue Shield of North Carolina (BCBSNC) has decided to eliminate commissions for individual under-65 plans sold with start dates of April 1, 2016 through December 1, 2016.
This was not a decision we took lightly given the impact it will have on our independent, appointed agents across North Carolina. Other insurers in our state had already made this decision, and we need to level the competitive playing field to ensure customers are not directed to us based on commissions.
This change is another example of our commitment to the financial sustainability of our company for the long term benefit of our customers.
Important information
This will not impact business that has already been sold, just new business sold for April - December effective dates.
Consumers will be able to buy BCBSNC Affordable Care Act (ACA) plans, if they have one of the established qualifying life events granting them a special enrollment period.
NOTE: We experienced technical difficulties at the beginning of today's webinar. We understand and apologize that many of you were unable to hear. The information that was covered is provided in this article.
Please see the frequently asked questions document attached in the producer news article posted today. If you have additional questions, please contact your regional sales executive.
Thank you,
Blue Cross and Blue Shield of North Carolina
Blue Cross and Blue Shield of North Carolina (BCBSNC) has decided to eliminate commissions for individual under-65 plans sold with start dates of April 1, 2016 through December 1, 2016.
This was not a decision we took lightly given the impact it will have on our independent, appointed agents across North Carolina. Other insurers in our state had already made this decision, and we need to level the competitive playing field to ensure customers are not directed to us based on commissions.
This change is another example of our commitment to the financial sustainability of our company for the long term benefit of our customers.
Important information
This will not impact business that has already been sold, just new business sold for April - December effective dates.
Consumers will be able to buy BCBSNC Affordable Care Act (ACA) plans, if they have one of the established qualifying life events granting them a special enrollment period.
NOTE: We experienced technical difficulties at the beginning of today's webinar. We understand and apologize that many of you were unable to hear. The information that was covered is provided in this article.
Please see the frequently asked questions document attached in the producer news article posted today. If you have additional questions, please contact your regional sales executive.
Thank you,
Blue Cross and Blue Shield of North Carolina