September 8, 2022
For a limited time, Premera Blue Cross Blue Shield of Alaska is offering a per-member bonus for medical and/or dental plans for new fully insured groups.
Here’s how it works:
- Sell a new fully insured medical plan and/or dental plan to an employer group with one of the following effective dates:
- October 1, 2022
- November 1, 2022
- December 1, 2022
- January 1, 2023
- Earn a per-member bonus.
- Medical and dental: $50 per member
- Medical only: $25 per member
- Add medical to an existing dental plan: $25 per member
- Add dental to an existing medical plan: $25 per member
Combined new medical and dental plans result in a bigger bonus!
This Sprint Program applies to both small and large fully insured groups.
For more information, contact your Premera Blue Cross Blue Shield of Alaska sales team at 907-677-2419.
Terms and conditions
Generally, we will determine the eligibility for this limited time sales bonus. Qualification and payments for the program will be calculated and paid on employer groups that are active at the time the payment is generated. These rewards will be distributed
approximately 60 days after the end of the Sprint Program. You may have a legal obligation to provide advance notice to clients from whom you receive compensation that you participate in a program under which you receive payments and other items of
value from carriers that provide incentives to place business with them.
If you have questions about your legal obligations regarding disclosure, you may contact your professional association, your legal counsel, or your state insurance regulator. Irrespective of your legal obligations, we strongly encourage you to disclose
your participation in these programs to your clients.
Finally, we believe that it is paramount that you always act in your clients’ best interest. Accordingly, it would be inappropriate for your participation in these programs to influence your choice of carriers unless it is in your clients’ best interest.
Premera has no obligation to continue this or any other producer incentive compensation program and reserves the right to change the terms (including, but not limited to, compensation and compensation formula) and to terminate the Sprint Program at any
time without prior notice.
Application of this and other incentive compensation programs and determinations of eligibility and payment amounts, if any, will be made by Premera at our sole discretion. Decisions made by Premera will be final.
The terms of any agency or producer agreement and addenda between Premera and producers shall be applicable to the Sprint Program including, but not limited to, licensing and eligibility. Receipt of any payment under the Sprint Program subjects the producer
to the terms of this program.