Savoy is a benefits consulting firm that is here to empower your business without cutting into your commissions. Access to our services is always free and there are no minimum production requirements.
For your reference, please click HERE to view the Annual Commission Schedule.
Please note, the producer commissions rates apply to new and renewal business in the current calendar year unless otherwise noted.
| Carrier | Group Size | Details | Commission Rate |
|---|---|---|---|
| Aetna | Group Size:2 to 4 | Details:Aetna Funding Advantage | Commission Rate:$50 PEPM |
| Group Size:5 to 100 | Details:Aetna Funding Advantage | Commission Rate:$50 PEPM, can be changed at broker request | |
| Group Size:51 to 100 | Details:Fully-Insured | Commission Rate:4.0% | |
| Group Size:101+ | Details:Fully-Insured | Commission Rate:4.0% | |
| AmeriHealth NJ | Group Size:1 to 50 | Commission Rate:4.5% New / 4.0% Renewal | |
| Group Size:51 to 100 | Commission Rate:4.5% New / 4.0% Renewal | ||
| Group Size:101+ | Commission Rate:Negotiable | ||
| Cigna | Group Size:2 to 250 | Commission Rate:5.0% | |
| Group Size:2 to 250 | Details:Self-Insured | Commission Rate:Variable PEPM | |
| Eagle HealthPlans | Group Size:10+ | Details:Level-Funded, Self-Insured - Minimum Value Plan | Commission Rate:$30 PEPM |
| Group Size:10+ | Details:Level-Funded, Self-Insured - MEC Plan | Commission Rate:$15 PEPM | |
| Horizon BCBSNJ | Group Size:1 to 50 | Commission Rate:4.10% | |
| Group Size:2 to 50 | Details:Horizon Level Select | Commission Rate:6.1% | |
| Group Size:51 to 99 | Commission Rate:4.75% | ||
| Group Size:100 to 499 | Commission Rate:3.5% | ||
| Medova Healthcare | Group Size:51+ | Commission Rate:$30 PEPM | |
| Nippon Life Benefits | Group Size:51 to 300 | Commission Rate:5.0% | |
| Oscar | Group Size:2 to 50 | Commission Rate:4.0% | |
| UnitedHealthcare / Oxford | Group Size:2 to 100 | Details:Oxford Level-Funded | Commission Rate:$39 PEPM, standard can be negotiated |
| Group Size:2 to 50 | Details:Fully-Insured | Commission Rate:$56 PEPM | |
| Group Size:51 to 100 | Commission Rate:4.75% | ||
| Group Size:101+ | Commission Rate:5.0% |
Please note, the producer commissions rates apply to new and renewal business in the current calendar year unless otherwise noted.
| Carrier | Details | Commission Rate |
|---|---|---|
| Aetna CVS Health | Details: | Commission Rate:$20 PMPM |
| Ambetter | Details:On-exchange only | Commission Rate:$20 PMPM |
| AmeriHealth NJ | Details:Advantage Plans | Commission Rate:$20 PCPM |
| Details:Local and Preferred Plans | Commission Rate:$6 PCPM | |
| Horizon BCBSNJ | Details:Advantage | Commission Rate:$9.74 PCPM |
| Details:OMNIA | Commission Rate:$17.50 PCPM | |
| Oscar | Details: | Commission Rate:$20 PCPM |
| UnitedHealthcare | Details:On-exchange and Off-exchange | Commission Rate:$20 PMPM |
| Carrier | Qualification Period | Details |
|---|---|---|
| ADP TotalSource PEO | Qualification Period:2/1/2024 – 5/31/2024 | Details:Double Down with TotalSource |
| AmeriHealth NJ | Qualification Period:4/1/2024 – 6/30/2024 | Details:2024 Q2 Small Group Broker Bonus Program |
| Qualification Period:4/1/2024 – 6/30/2024 | Details:2024 Q2 Large Group Broker Bonus Program | |
| Horizon BCBSNJ | Qualification Period:1/1/2024 – 3/31/2024 | Details:2024 New Business Broker Incentive Program (2 to 50) |
| Qualification Period:3/1/2024 – 7/31/2024 | Details:2024 New Business Broker Incentive Program (100 to 499) | |
| PrestigePEO | Qualification Period:5/1/2024 – 8/31/2024 | Details:2024 Summer Sales Broker Bonus Program |
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