
MacFerrin Financial
A Personal Approach
Commissions
Percentage is % of premium members pay for coverage to health insurance carrier, except BCBS policies with CEP
plus possible bonuses - depending on sales and retention, please inquire for current details
AARP United
Medicare Supplements effective 6/22 and later: Plan F or G $310 years 1-6, then $40 yearly. Plan N $250 years 1-6 then $30 yearly
Effective before 6/22: Medicare Supplement $210 to $348 years 1-6 if Plan A C, F, G or N. $105 years 1-6 if plans A, K, or L.
Guaranteed Issue outside Open Enrollment period: 50% of the above
Lifetime Renewal Commissions complicated schedule - available upon request
Medicare Part D Rx plans: Effective dates after 1/1/24: Annually $100 for initial Part D plan, $50 for renewal. Effective dates 12/1/23 and prior: Annually $81 or $78 for initial Part D plan, $41 or $39 if not new or renewal
Medicare Advantage plans $539 or $510 if new to MAPD plan, $270 or $255 if not new to MAPD
Lifetime Renewal Commissions complicated schedule - available upon request
Aetna Medicare
Medicare Supplement 20% of premium in years 1-6, 4% for yrs 7+, 8% if Guaranteed Issue
Group size 1 enrolled employee $8 per enrolled employee per month regardless of dependents
Group size 2-4 $12 per enrolled employee per month regardless of dependents
Group size 5-24 $22 per enrolled employee per month regardless of dependents
Group size 25-50 $30 per enrolled employee per month regardless of dependents
BCBS
Individual ACA plans $20 per adult per month, $10 monthly per child
Individual policies effective 3/1/2011 and after, or who changed plans after Oct 2010, without association discount year 1 of policy: 10% of CEP, then 5% thereafter of CEP
CEP = commission eligible premium, which does not include rate-ups, surcharges or rate increases (ie CEP is the lowest 'preferred' rate at
initial enrollment, not total or actual premium, and not of premiums after future years' renewal rate increases)
Individual policies effective 3/1/2011 and after, or who changed plans after Oct 2010, WITH association discount year 1 of policy: 8% of CEP, then 4% thereafter of CEP
Individual policies effective before 9/1/07 that have not changed plans since Oct 2010 5%
Individual policies effective 9/1/07 - 2/25/11 that have not changed plans since Oct 2010 11.0%
Individual with association discount effective after 9/1/07 until 2/25/2011 that have not changed plans since Oct 2010 8.0%
Group
Group size 1-3 $6 per enrolled employee per month
Group size 4-25 $24 per enrolled employee per month, $27/person 1st policy year only
Group size 26-50 $22 per enrolled employee per month, $24/person 1st policy year only
Medicare
Part D Rx plans sold prior to 2020: $55 for 1st year, $27.50 annually for years 2-6 of contract
Part D Rx plans sold after 2020: $78 for 1st year new to Part D, $39 annually thereafter
Medicare Supplements effective before 1/1/08: 14% the 1st year, 12% for months 13-71, then no commissions after
month 72 of contract.
Medicare Supplements effective 5/1/17 to 5/1/22: 1st year: $250 unless Guaranteed Issue, then $125
Years 2-6: $20.83 per month, if Guaranteed Issue, $10.41 per month
Years 7-10: $6.25 per month
Medicare Supplements effective 5/1/22 to 5/1/23: 1st Year: $420, Years 2+ $20.83 per month
Medicare Supplements effective 6/1/23 and later: 1st Year: $380, Years 2+ $20.83 per month
Medicare Advantage MAPD sold prior to 2020: $429 for 1st year, $215 for renewal years
Medicare Advantage MAPD sold after 2020: $510 for 1st year new to MAPD, $255 for renewal years
CIGNA
Medicare Supplement
20% years 1-6, 3.5% years 7-10, 1% thereafter. If Guaranteed Issue,
1.5% for years 1-6. Commissions are not payable on premium
attributable to the Part B deductible in Plan F. Commissions are paid
on the initial premium only and not on increase in premium.
IHC
Short-term medical plans 18%
IMG International Medical Group
10% for Patriot plans, 15% for Global Series plans
Humana
Medicare Advantage effective in 2024 $611 the 1st year, $306 if renewal or if product change
Medicare Advantage effective in 2023 $601 the 1st year, $301 if renewal or if product change
Medicare Advantage effective in 2022 $573 the 1st year, $287 if renewal or if product change
Medicare Part D Rx plan effective in 2024 $100 for 1st year in Part D, $60 if renewal or not new to Part D
Medicare Part D Rx plan effective in 2023 $92 for 1st year in Part D $46 if renewal or not new to Part D
Medicare Part D Rx plan effective in 2022 $87 for 1st year in Part D $44 if renewal or not new to Part D
no commissions for Humana Enhanced PDP
Lasso Medicare Advantage plans
$601/1st year if new to Medicare, then $301 for renewal years
$301/year if not new to Medicare
Mutual of Omaha
Mutual of Omaha Medicare Supplements ages 65-80
18% of premiums years 1-6, 4.5% years 7-10, 0% years 11+.
Commissions paid on initial premium, not increases.
50% of the above for Guaranteed Issue policies or clients over 81 yrs
National General
Short-term medical plans 20%
Oscar
Individual ACA plans$18 per member per month, up to 5 per policy
SilverScriptMedicare
Part D Rx plans $63 for 1st year in Part D, $32 if renewal or not new to Part D
Part D SmartRx plans - no commissions for those sold 2023 or later
Part D Rx plans sold in 2019 or prior: $34 renewal
United
Short-term plans: 22% for short-term Plus, 25% for short-term Elite, 27% for short-term Value
WellCare
Part D Rx plans $87 if new to Part D, $44 Renewals (annual commission)