We’re looking forward to new business and continued relationships with our producers and mutual clients next year. Our 2020 individual and family plans commission schedule is available and a single-page “benefits at a glance” summary will be posted soon. Plus, our bonus program will help get 2020 off to a great start.
There will be no changes to the Kaiser Permanente individual and family (KPIF) plans producer commission schedule that was introduced for 2019. See the 2020 KPIF Commission Schedule for details, including payment methodology, qualifications, limitations, and commission levels for mutual clients enrolled before January 2019 with no gap in coverage and those enrolled after January 1, 2019.
Single-page benefits at a glance
Based on your feedback, we’ve reintroduced single-page “benefits at a glance” summaries for each of our 2020 KPIF plans. We heard from many of you that these summaries are valuable when meeting with mutual clients about their upcoming renewal, as well as prospective clients who want to focus on one set of benefits at a time. These will be posted soon on the producer website’s “Learn about our plans” page.
New 2020 renewal bonus program
Our new 2020 renewal bonus program for KPIF plans lets you earn an additional $60 per member, per year (PMPY), if you meet these requirements:
- Your agency has or will have enrolled at least 25 new KPIF members with an effective date between January 1, 2019, and December 1, 2019.
- At least 80% of these new enrollees renew and remain on their plan for a minimum of 3 months into 2020 with no gap in coverage.
For example, if your agency retained 20 of 25 clients (80%) and met all other requirements above, the agency would earn a $1,200 bonus (20 clients x $60 PMPY = $1,200).
Any remaining 2019 Special Enrollment Period (SEP) sales activity will count toward this renewal bonus. In a few weeks, we’ll send out book of business updates to agents who have qualified or are close to qualifying for this bonus. In January 2020, we’ll resend this report including additional 2019 new sales achieved by year-end.
See the attached 2020 Renewal Bonus Program Schedule for details, including qualifications, payout timeline, and limitations.