End the year on a high note
The more you submit, the more you earn with the CVS Health Bonus
CVS Health increased the underwritten Med Supp eApp bonus to $200 and added the new Dental, Vision, and Hearing Plus product.
$200 each
Underwritten electronic apps
$25 each
Open Enrollment Electronic apps
$25 each
Underwritten paper apps
$10 each
Open Enrollment Paper apps
To receive a payout:
Qualifying Products (ancillary/life) for CVS Health Bonus
Application Date
November 1-30, 2021
Effective Date
November 1, 2021 - January 1, 2022
Issued By
December 15, 2021
Payout By
December 31, 2021
Application Date
December 1, 2021 - January 1, 2022
Effective Date
DECEMBER 1, 2021 - JANUARY 1, 2022
Issued By
February 15, 2022
Payout By
February 28, 2022
CVS Health's Bonus Program Details
Qualifying states ―
Medicare Supplement - AL, AZ, CA, FL, GA, IA, ID, IL, IN, KY, LA, MD, MI, MO, MS, NC, ND, NE, NH, NJ,
NM, NV, OH, OK, OR, PA, RI, SC1, SD, TX, UT, VA, WY
Ancillary - All of the above states; and AR, CO, CT, DE, KS, ME, MN, MT, SC, TN, VT, WI, WA, WV
Submit qualifying applications of any of the qualifying ancillary/life products and receive a $25 bonus per application (electronic and paper).
Submit a qualifying Medicare Supplement application with a qualifying ancillary product from above** and receive an additional $25 bonus per application (electronic and paper).
**Final Expense products are excluded from additional $25 bonus.
In SC both UW and OE will pay at $50.
Internal replacement is defined as a replacement of a product from one Aetna/Accendo entity/affiliate to another.
“Immediate family” shall mean a child, spouse, mother, father, sister or brother of You or Your Spouse/Domestic Partner.
Examples of “Percentage of commission earned”:
- Medicare Supplement: 10 qualifying policies with 50% agent split (commission earned) equates to 5 policies credited towards incentive.
- Ancillary/life: 5 qualifying policies with 50% agent split (commission earned) equates to 2.5 policies credited towards incentive.
Application date on qualifying production must be between qualification dates on prior page. Qualifying Medicare Supplement production is limited to one active policy per insured. Policies must be issued on or before dates on prior page to qualify. Internal replacements or exchanges do not count toward qualification. Business written on self or immediate family members does not count toward qualifying production. Premiums under $15 monthly EFT or $180 annually do not count toward qualifying production. Minimum production and payout will be calculated based upon percentage of commission earned for each policy. Qualifiers must maintain an 80% persistency on qualifying business. Policies must remain inforce for 90 days to avoid a chargeback. Chargebacks reconciled by December 31, 2021.
Bonuses will be paid in the same method in which you receive your standard commissions. All federal, state, and local taxes associated with the receipt
of cash are the sole responsibility of the recipient. Aetna has the exclusive right to change the program rules during the qualification period. The program is subject to all state compensation restrictions based on the issue state of the policy. Participation is based on meeting the required production levels; and the qualifier must be in compliance with all company and state marketing rules and regulations and be in good standing with Aetna and its legal entities at the time payment is made. Agents must be properly appointed and approved to sell in order to submit business. All discrepancies must be brought to Aetna’s attention within three (3) months of ending effective date indicated above. Nothing herein is to be interpreted as a desire not to receive applications for Medicare Supplement policies from consumers desiring coverage without underwriting.