Common use of Compensation Methodology Clause in Contracts

Compensation Methodology. Contractor shall be solely responsible for compensating agents who sell Contractor’s QHP through the individual market of the Exchange. Contractor shall use a standardized agent compensation program with levels and terms that shall result in the same aggregate compensation amount to agents whether products are sold within or outside of the Exchange. Contractor shall provide the Exchange with a description of its standard agent compensation program on an annual basis.

Appears in 6 contracts

Samples: Qualified Health Plan Contract, Qualified Health Plan Contract, Qualified Health Plan Contract

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Compensation Methodology. Contractor shall be solely responsible for compensating agents who sell Contractor’s QHP QDP through the individual market of the Exchange. Contractor shall use a standardized agent compensation program with levels and terms that shall result in the same aggregate compensation amount to agents whether products are sold within or outside of the Exchange. Contractor shall provide the Exchange with a description of its standard agent compensation program and policies on an annual basis.

Appears in 1 contract

Samples: Qualified Dental Plan Issuer Contract

Compensation Methodology. Contractor shall be solely responsible for compensating agents who sell Contractor’s QHP QDP through the individual market of the Exchange. Contractor shall use a standardized agent compensation program with levels and terms that shall result in the same aggregate compensation amount to agents whether products are sold within or outside of the Exchange. Contractor shall provide the Exchange with a description of its standard agent compensation program on an annual basis.

Appears in 1 contract

Samples: Qualified Dental Plan Contract

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Compensation Methodology. Contractor shall be solely responsible for compensating agents who sell Contractor’s QHP through the individual market of the Exchange. Contractor shall use a standardized agent compensation program with levels and terms that shall result in the same aggregate compensation amount to agents whether products are sold within or outside of the Exchange. Contractor shall provide the Exchange with a description of its standard agent compensation program on an annual basis. Contractor shall assure that aggregate compensation paid to an agent during the first year of coverage is equal to amounts paid to agent during any subsequent year of the policy.

Appears in 1 contract

Samples: Covered California Qualified Health Plan Contract

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