Fee Paid to Agents Enrolling Consumers in Federal High-Risk Pool

Wednesday, June 1st, 2011

Great news for the agent community! The U.S. Department of Health and Human Services (HHS) announced it will work with licensed health insurance agents to make it easier for Americans to enroll in the federally administered Pre-Existing Condition Insurance Plan (PCIP). NAHU met with PCIP officials to obtain more details about the new changes to the program. Their target is to begin compensating licensed agents and brokers by October 1, 2011, and they will pay a flat fee of $100 per enrolled applicant with the PCIP program. In addition to compensating agents, HHS also announced they are reducing premiums and easing eligibility requirements for the high-risk pool beginning July 1, 2011. You can access additional information about these changes in our reform blog.