Jan 16, 2025
Earn more on new small group sales, October 2024 - March 2025
EXTENDED Broker Bonus Program
With some of the lowest small group rates in the market, Sharp is making it easy for San Diegans to get the high-quality care and service they deserve. You deserve the best too — and you can earn more with their new broker bonus program. Now extended through March effective dates!
Enroll New Business and Earn
When you enroll new small group business with effective dates of 10/1/24 - 3/1/25, you’ll earn big with Sharp's tiered bonus program! Eligible groups include small groups with 1-100 employees.
Unlike traditional bonus programs that are calculated per group, Sharp's program is based on your total performance throughout the bonus period:
| TOTAL # OF ENROLLED EMPLOYEES FROM 10/1/24 - 3/1/25 | BONUS FOR EACH ENROLLED EMPLOYEE |
|---|---|
| 10 - 19 | $50 |
| 20 - 29 | $75 |
| 30 - 39 | $100 |
| 40 - 49 | $125 |
| 50 - 74 | $150 |
| 75+ | $200 |
Terms and conditions
Applicable for small groups with 1-100 employees with effective dates of Oct. 1, 2024 - March 1, 2025.
- Bonuses will be determined based on the number of subscribers who have been active for at least one month during each bonus period. Additionally, the bonus amount will not be paid if a member disenrolls.
- Must be licensed and appointed with Sharp Health Plan, and have an in-force broker agreement.
- The selling broker must be in good standing with a current signed Sharp Health Plan agreement, and have a valid license.
- Broker must be the broker of record on the effective date of the group coverage, and at the time the bonus is paid.
- Payments will be made approximately 120 days after the end of the program period.
- Bonus programs are paid to the commissionable entity listed on the master group application.
- General agents are not eligible.
- Broker of record losses/gains or segment transfers are not eligible toward your bonus under this incentive program. Sharp Health Plan reports will be the only basis used for the bonus.
- Medical Incentive Program applies to Small Group HMO/POS Business Off-Exchange sales only (including Off-Exchange Package plans and Mirrored Package plans). Exchange Small Group Business — Cal Choice and Covered California Small Business (CCSB) — membership is not eligible for this bonus and will not be included to calculate a broker’s eligibility for the bonus.
- The enrolled employee counts will be derived from the Small Group HMO/POS medical plan only, and will be based on the number of enrolled medical employees as of the group’s effective date. Sharp Health Plan’s determination of enrolled employee and member count is final.
- For dual or multiple broker arrangements, enrolled employee and member credit for payment calculations will be allocated in the same proportion as the commissions are split on the case.
- Brokers and consultants shall disclose to their clients all commissions and other payments made to them by Sharp Health Plan in compliance to all legal requirements.
- This program is offered at the sole discretion of Sharp Health Plan. Sharp Health Plan reserves the right to discontinue or modify at any time and without notice. Decisions made by Sharp Health Plan will be final.
Contact your Amwins Connect Sales Representative to see how Sharp can meet your clients needs.
