April 3, 2024
2024-2025 Medicare Supplement Bonus Program
We’re pleased to announce the Medicare Supplement Bonus Program for 2024-2025. You can help the growing population of Medicare-eligible adults while earning a bonus. Make up to $100 per new Medicare Supplement policy sold.
The details: The program begins May 1, 2024, and runs through Jan. 31, 2025.
- Sell up to 29 new policies: Your bonus per policy is $50.
- Sell up to 49 new policies: Your bonus per policy is $75.
- Sell 50+ new policies: Your bonus per policy can be up to $100.
- These must be new policies, as rewrites are not counted.
- You must sell a minimum of five new policies during the program period to qualify.
Terms & Conditions
- Only new Blue Cross and Blue Shield of Montana Medicare Supplement insurance policies qualify for the bonus program. Renewals and rewrites do not count.
- High-deductible plans (F and G) and Standard plans A and N do not count as part of the bonus program.
- An existing BCBSMT Medicare Advantage plan subscriber who moves to a Medicare Supplement insurance policy does not qualify.
- All Medicare Supplement insurance policies must be in force at the time of calculation: Jan. 31, 2025.
- For example, if a policy is sold and then terminates within the program period, the policy does not qualify. Also, new policies that undergo a producer of record transfer during the program period will only count toward the bonus of the producer of record at the time of calculation.
- Eligibility is based on the production of a writing producer/sub-producer.
- Payment will be made to the submitting agency.
- Third-Party Marketing Organizations (TPMOs) are included in the program.
- Under-65 disabled Medicare Supplement insurance policies count toward the bonus.
- The bonus will be paid within 60 to 90 days from the end of the program: Jan. 31, 2025.
- Payment of the bonus will be included in the normal monthly commission statement.
