Ancillary Commission Rates for Street Level Agents
Grow your book with ancillary health plans, competitive street-level commissions, and support designed for insurance agents.
Ancillary Street Rate Level Agent
Broker Compensation Disclosures
On December 27, 2020, The Consolidated Appropriations Act was signed into law which, in part, mandates greater transparency to health care cost information, including broker compensation. All agents and brokers are now required to disclose direct (eg., commission) and indirect (eg., bonus contests) compensation information to consumers. The total amount of compensation must be disclosed verbally prior to the consumer finalizing plan selection. In most cases, the information will also be communicated by the insurance carrier in the consumer’s Welcome Kit.
Broker Compensation Disclosure Talking Points
To assist you with disclosing the required compensation information to the consumer, please contact BenaVest Agent Support for sample talking points. The exact compensation amounts (direct pay) are listed by carrier above. Links to the Bonus Programs (indirect pay) can be viewed by clicking the ‘Bonus Programs’ button above. You must review the talking points with your clients for every Individual and Family Plan sale.
THE INFORMATION, SOFTWARE, PRODUCTS, AND SERVICES INCLUDED IN OR AVAILABLE THROUGH DIRECT OPTIONS’ WEBSITES MAY INCLUDE INACCURACIES OR TYPOGRAPHICAL ERRORS. CHANGES ARE PERIODICALLY ADDED TO THE INFORMATION HEREIN. DIRECT OPTIONS AND/OR ITS SUPPLIERS MAY MAKE IMPROVEMENTS AND/OR CHANGES IN DIRECT OPTIONS’ WEBSITES AT ANY TIME. ADVICE RECEIVED VIA DIRECT OPTIONS’ WEBSITES SHOULD NOT BE RELIED UPON FOR PERSONAL, MEDICAL, LEGAL, OR FINANCIAL DECISIONS AND YOU SHOULD CONSULT AN APPROPRIATE PROFESSIONAL FOR SPECIFIC ADVICE TAILORED TO YOUR SITUATION.