BCBSM Agent Alert – Agent of Record Policy Revised
BCBSM has changed their Agent of Record policy. In particular, they have removed the 12-month rule in response to requests from their group customers. The change is effective immediately. Under the revised policy, when they receive a notice of a change in the agent of record, commissions become effective at the time premiums are paid, one month following 30 days from when they receive the letter.
Example: An AOR letter received on March 15 will result in commissions becoming effective with the May premium and payout with the June check.
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