Aries insurance services, a division of URL.
Medicare Offerings

2022 Commission Policy Update – First Year Plan Changes

Attention Valued Partner,

Based on feedback received from our broker partners and to meet industry best practices, we are updating our policy regarding compensation for First Year Plan Changes. Beginning January 1, 2022, First Year Plan Change payments will be prorated.

Policy Update

The First Year Plan Changes policy update will result in the New Broker of Record (BOR) receiving a prorated payment, and the Initial BOR receiving a prorated chargeback.

Payment Example

When an existing client in their first year with Wellcare facilitates a plan change through another active broker:

Key Information

*Please Note: Wellcare is implementing a new Commissions system early 2022. First Year Plan Change payments will be processed monthly as manual adjustments through March and will transition to standard weekly processing once the new system implementation is completed.

You are encouraged to review the First Year Plan Change FAQ for further information on the policy update.

As always, thank you for your continued partnership!

 
 

Centene ranks #24 on the Fortune 500 List

Our company provides programs and services to government healthcare programs. We are the country's largest Medicaid managed care organization. See our current standing: https://fortune.com/company/centene/fortune500/

Tutorial Video Links

Online Formulary

Provider Directory

Important Broker Links

Single Sign-On Portal

Archived Agent News

Click here to read archived

Wellcare communications.

Connect with Us

Learn more about Wellcare and follow us on FacebookLinkedInTwitterYouTube

and Wellcare's Blog

Wellcare is a wholly owned subsidiary of Centene Corporation