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Here's the e-mail that I received today:
Dear Valued Partners:
Just in case you didn't hear the good news regarding Health Net's change
in compensation rules for 2012 we are sending this reminder. The CMS
Marketing Guidelines shown below discusses the fact that a plan is
required to pay Producer compensation for a 6-Year Cycle. After the
6-Year Cycle is complete it is then up to the plan sponsor whether or
not to continue to pay agents the renewal compensation. You will be
glad to know that in 2012 Health Net modified it's compensation policy
to now pay renewal compensation past the end of the 6-Year Cycle and for
as long as the Member remains continuously enrolled in the Health Net
Medicare Product that the Producer enrolled them in. I trust that you
will find this favorable and a confirmation that Health Net remains
committed to the broker channel!
Thanks for your continued loyalty to Health Net.
PS. This is retroactive to all Medicare Advantage business you have
written with Health Net.
2012 CMS Marketing Guidelines
(Embedded image moved to file: pic08405.jpg)
2012 Health Net Compensation Schedule
(Embedded image moved to file: pic08826.jpg)
Please call your Account Executive or Broker Services at 800-708-7646 if
you have any questions. We want to thank you for your continued
partnership and support!!!
Dear Valued Partners:
Just in case you didn't hear the good news regarding Health Net's change
in compensation rules for 2012 we are sending this reminder. The CMS
Marketing Guidelines shown below discusses the fact that a plan is
required to pay Producer compensation for a 6-Year Cycle. After the
6-Year Cycle is complete it is then up to the plan sponsor whether or
not to continue to pay agents the renewal compensation. You will be
glad to know that in 2012 Health Net modified it's compensation policy
to now pay renewal compensation past the end of the 6-Year Cycle and for
as long as the Member remains continuously enrolled in the Health Net
Medicare Product that the Producer enrolled them in. I trust that you
will find this favorable and a confirmation that Health Net remains
committed to the broker channel!
Thanks for your continued loyalty to Health Net.
PS. This is retroactive to all Medicare Advantage business you have
written with Health Net.
2012 CMS Marketing Guidelines
(Embedded image moved to file: pic08405.jpg)
2012 Health Net Compensation Schedule
(Embedded image moved to file: pic08826.jpg)
Please call your Account Executive or Broker Services at 800-708-7646 if
you have any questions. We want to thank you for your continued
partnership and support!!!