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Colorado Commission Disclosure
We are required by Colorado state law to advise persons at the time application that should you purchase health insurance through Managed Benefit Systems, Inc. our agency may receive compensation in the form of a commission/service fee from the insurance carrier(s). In addition, we sometimes receive other compensation from service providers for such accounts as FSA, HSA, or HRA vendors and banks. The availability of such compensation in no way affects our decision to recommend any vendor. Please Note: Using a broker does not affect or change your premium in any way.
Dental
Aetna
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Pending
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Anthem
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10% of Premium
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Assurant
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Annual Premium
$0 - $5,000
$5,001 - $20,000
$20,001 - $50,000
$50,001 - $100,000
$100,001 - $250,000
$250, 000 +
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Commission %
10.0%
7.25%
4.0%
2.0%
1.0%
0.5%
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Beta Health
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8% of premium
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Companion Life
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Annual Premium
First $10,000
Next $10,000
Next $10,000
Over $30,000
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Commission %
10.0%
7.5%
5.0%
3.5%
|
Delta Dental
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2-50 enrolled employees ? 10% of premium
50-99 enrolled employees ? 5% of premium
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Great West
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Negotiated
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Guardian
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Annual Premium
First $5,000
Next $5,000
Next $5,000
Next $5,000
Next $5,000
Next $5,000
Next $20,000
Next $200,000
Next $250,000
Next $2,000,000
Over $2,500,000
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Commission %
10.0%
10.0%
7.5%
7.5%
5.0%
5.0%
2.5%
1.5%
1.5%
1.0%
0.5%
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Humana
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Annual Premium
First $10,000
Next $10,000
Next $10,000
Next $20,000
Next $50,000
Over $100,000
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Commission %
10.0%
7.5%
5.0%
2.5%
1.5%
0.5%
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Lincoln National
(Jefferson Pilot Financial)
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Annual Premium
First $10,000
Next $10,000
Next $10,000
Next $20,000
Next $50,000
Next $150,000
Next $250,000
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Commission %
10.0%
8.0%
4.0%
2.0%
1.5%
0.25%
0.15%
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MetLife
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2-9 Employees
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10%
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10+ Employees
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Annual Premium
First $5,000
Next $5,000
Next $20,000
Next $10,000
Next $10,000
Next $10,000
Next $190,000
Next $250,000
Next $500,000
Next $4,000,000
Over $5,000,000
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Commission %
10.0%
7.5%
5.0%
3.5%
3.0%
2.0%
1.75%
1.00%
0.50%
0.25%
0.10%
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Individual Medical
Aetna
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Rate Level A
Rate Level B
Rate Level C
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15% first year, 5% renewal years
12% first year, 4% renewal years
10% first year, 3% renewal years
|
Anthem
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20% first year, 5% renewal years
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Assurant
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20% first year, 5% renewal years
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Cigna
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20% first year, 5% renewal years
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Delta Dental
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8%
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HumanaOne
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20% first year, 5% renewal years
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RMHP
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20% first year, 5% renewal years
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Kaiser
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$13.50 per person
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United Healthcare
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First Year
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Number of Issued Policies/Certificates
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Issue Age 60 and Under
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Issue Age Over 60
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1-7
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15%
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8%
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8-11
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20%
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10%
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12+
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22%
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12%
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Renewal Years - 5%
|
|
|
|
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Small Group Medical
Aetna
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6% or premium paid
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Anthem
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$25 per enrolled employee per month
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Destiny Health
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$25 per enrolled employee per month
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Guardian
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Annual Premium
First $50,000
Next $200,000
Next $250,000
Next $2,000,000
Next $2,500,000
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Commission %
5.0%
3.5%
2.0%
1.0%
0.5%
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Humana
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$25 per enrolled employee per month
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Kaiser
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$14.00 - $27 per Subscriber (based on production)
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PacifiCare
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Health Maintenance Organization (HMO) - 4% of Premium
Preferred Provider Option (PPO) ? 6% of Premium
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Principal Financial
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Annual Premium
First $150,000
Next $100,000
Over $250,000
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Commission %
5%
3%
1%
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Rocky Mountain Health Plans
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$23 per enrolled employee per month
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United Healthcare
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$24 per enrolled employee per month
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Vision
Anthem
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10% of premium
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Beta Health
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8% of premium
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Colorado EyeCare
(Vision Care Direct)
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10% of premium
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PacifiCare
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Pending
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Principal Financial
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Premium
First $5,000 ? 10%
Next $5,000 ? 8%
Next $15,000 ? 6%
Next $25,000 ? 4%
Next 100,000 ? 3%
Next $350,000 ? 2.5%
Over $500,000 ? 1.6%
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United Healthcare
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Fewer than 1,000 enrolled vision employees ? 10% of premium
1,000 or more enrolled vision employees ? 5% of premium
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Vision Service Plan
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Annual Premium
First $5,000
Next $5,000
Next $10,000
Next $10,000
Next $20,000
Next $200,000
Next $250,000
Exceeding $500,000
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Commission %
10.00%
5.00%
3.56%
3.00%
2.31%
1.44%
0.73%
0.35%
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