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March 11, 2008 |
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| Important Compensation News: | |||||||
| New Industry Compensation Adjustment for
2008 New Business with May 1 - July 1 Effective Dates* |
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| At WellCare,
we know a successful producer’s business is enhanced by their attention
to compliance and the unique needs of their clients. We also understand the importance of offering competitive compensation to compliant producers. Therefore, WellCare is excited to announce a new Industry
Compensation Adjustment |
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For Example: A producer contracted at
the Agent level will earn a total |
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Contract Commission Schedule Total Compensation |
$250.00 $400.00 |
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For Example: A producer contracted at the Agent level who chooses to submit a paper application that is CMS-approved and compliant will earn $350, payable as follows: |
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Contract Commission Schedule Total Compensation |
$250.00 |
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| By compensating
producers for their attention to compliance, WellCare hopes to attract
those producers who value the tenets of compliance and integrity as much
as we do.
*This document serves as notice of a supplement to the Agent Compensation Schedule. In the event of a conflict the Agent Agreement will control. Like all WellCare
commissions, ICA supplemental commissions are subject to charge |
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WellCare reserves the right to determine any Agent’s continuing eligibility to market its products. WellCare may disqualify agents who it believes have engaged in inappropriate marketing tactics, have violated CMS Marketing Guidelines, their Agreement with WellCare, or applicable laws. |
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† This Compensation Schedule supplement is also applicable
to Supported Agents. |
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For more information,
visit us at |
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