Producers



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Frequently Asked Questions

 
Frequently Asked Questions  

Commission and Bonus Programs

When are Commissions payable?
What will my Commission rate be?
Do I qualify for a ConnectiCare bonus?
There is a group on my Commission statement that does not show any premium paid or commission paid? Did the group remit premium?


When are Commissions paid, how often are they paid and what is the method of payment?
ConnectiCare pays commissions on a monthly basis, one month in arrears, based on posted premium. For example, March commissions are paid in April. Payments may either be in the form of a check or via
Electronic Fund Transfer directly deposited into your account.
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What will my Commission rate be?
CT/MA domiciled Small Groups (1-50 eligible employees) = Flat 5%
NY domiciled Small Groups (2-50) = Flat 4%
CT/MA omiciled Large Groups (51+ eligible employees) = Producer Commission percentages are based on a sliding scale.
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Do I qualify for a ConnectiCare bonus?(only applicable to CT/MA domiciled employer groups)
ConnectiCare begins running reports in February for the previous calendar year to identify those producers who qualify for one or more of our
bonus programs. Soon thereafter, an exhibit, which indicates group name and premium as well as bonus amount, is distributed to the producers who qualify, for their review. Upon producer approval, bonus checks are processed and distributed within the months of March and April.
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There is a group on my Commission statement that does not show any premium paid or commission paid? Did the group remit premium?
Your commission statement is a good indicator as to the activity on your groups’ invoices. Any payments or adjustments to your groups’ invoices will be reflected on your commission statement. If there is a premium billed and no premium paid, no commission dollars will be paid, as commission is based on posted premium. To verify whether your groups’ premium is paid,
register now to use Producer Online Services or contact our Group Membership Administration Department at 1-800-333-1733.
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