Earn a total bonus of up to $24,000 with the BCBSTX Grand Slam Bonus Program!
Round the bases and go for a home run with the Blue Cross and Blue Shield of Texas (BCBSTX) Grand Slam Bonus Program! Producers who qualify may earn a total Grand Slam bonus of up to $24,000!
The Grand Slam Bonus Program includes qualifications for both a New Sales Bonus and a Retention
Bonus as follows:
New Sales Bonus Contest Rules
Sales eligible for calculation of the New Sales Bonus include new groups (health plans with 2–100 employees) sold with effective dates from July 1, 2012 through September 15, 2012.
New Sales Bonus
By Hitting a… |
Producers will Earn a Bonus of… | Examples |
| Single: sell a minimum of 5–9 groups | $1,500 | $1,500 |
| Double: sell 10–14 groups | an additional $2,500 | $1,500 + $2,500 = $4,000 |
| Triple: sell 15 or more groups | an additional $4,000 | $1,500 + $2,500 + $4,000 = $8,000 |
Retention Sales Bonus Contest Rules
A retention bonus will be paid to producers who qualify for the New Sales Bonus and retain a minimum of 87 percent of their renewing groups of 2–150 employees from July 1, 2012 through September 30, 2012.
Retention Bonus
|
HOME |
By achieving… | Producers will Earn a Bonus equal to… |
| 87.00% to 89.99% retention | 1 times your New Sales Bonus | |
| 90.00% to 94.99% retention | 1.5 times your New Sales Bonus | |
| 95.00% to 100% retention | 2 times your New Sales Bonus |
VIEW FURTHER DETAILS OF THE PROGRAM
For further information, please contact your BCBSTX sales representative.
THE BLUE RIBBON BONUS PROGRAM
The annual Blue Ribbon Producer Bonus Program offers generous rewards and incentives for
acquiring new Blue Cross and Blue Shield of Texas (BCBSTX) group health and group dental
business, and for retaining your existing BCBSTX group health and group dental books of business.
Features of the Bonus Program include:
Rewards for new sales of group health and group dental contracts
Recognition for the retention of group health and group dental contracts
Inclusion of group health contracts and group dental contracts from all group sizes
Recognition for both fully insured and self-insured new sales and retention
The following link takes you to the brochure that outlines incentives offered to all Producers appointed
and contracted with BCBSTX. Any questions regarding the Blue Ribbon Producer Bonus Program
may be directed to your local BCBSTX sales office.
