Cigna recently sent an email to brokers and posted on their website (under "News You Can Use") that they plan to "pay 0% commission" to agents and brokers who sell their Individual and Family Plans in the 4th quarter of 2015. This will affect all plans sold after 8/22/15 for effective dates 9/1/15 through 12/31/15. Details of the update are as follows:
Please be advised that we are adjusting our Cigna Individual and Family Plan medical commission schedules effective September 1, 2015. Sales submitted on/after August 22nd for September 1st through December 31st effective dates will earn 0% commission. Commission schedules have been updated on the portal. This decision only impacts business submitted with effective dates of September 1st through December 31, 2015. Business for 2016 will be paid at posted commission rates that will be announced prior to the 2016 Open Enrollment Period.
You are a valued partner, and we appreciate the business that you place with us. We look forward to sharing with you the exciting updates we have planned for 2016 to help you grow your business. Look for future launch meeting information to be sent over the next several weeks. If you have any questions, please contact your New Business Manager or Broker Support.
Cigna Individual and Family Plans
Are you a broker in California who sells Cigna Individual and Family Plans? Please feel free to comment below and share your thoughts!