The California public exchange could pay small-group agents a commission of 6.5 percent during the first year that a health plan was in effect.
The commission rate would fall gradually over the next four policy years, then settle at 5 percent in the sixth policy year and later policy years.
If annualized premium for a case reached $500,001 or more in a contract year, the commission rate would fall to 1 percent for the amount over $500,001.
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Allison Bell
Allison Bell, ThinkAdvisor's insurance editor, previously was LifeHealthPro's health insurance editor. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached at [email protected] or on Twitter at @Think_Allison.
