MMO has released their new commission schedule for their 2018 Medicare Supplement Market. Their new Medicare Supplement commission schedule will stack up very competitively in the marketplace. This schedule will reward you by paying a premium commission based on your volume of sales throughout the year. Once you hit the next tier level, MMO will pay you at the higher rate retroactively within the calendar year. Renewal commission will be based on the first year tier level.
Commission rates for brokers/agencies having at least 10,000 Medicare Supplement contracts in their book of business on January 1, 2018, are as follows for new Medicare Supplement accounts having an effective date of January 1, 2018, and thereafter.
- First Year: 16%
- Years 2 through 10: 8%
|Number of First Year Sales||Commission Tier Level||Commission Rate: First Year||Commission Rate: Years 2 through 6|
|50 or more contracts||3||26%||18%|
Contact your Cornerstone sales representative with any questions you may have about the above schedule.