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Cigna Binder Payment Deadline is Extended

January 4, 2024

It's 2024, but Open Enrollment isn't over yet.

Binder payment deadline has been extended, and there's time to get your clients enrolled by 1/16/24.*

Continue to grow your business this year and get rewarded for it! Remember, your clients must pay their binder for you to earn your commission. The binder payment for 1/1 effective clients has now been extended to 1/31/24. Plus, the 2024 Open Enrollment deadline is fast approaching, so there's still time to sell Cigna's Individual and Family Plans (IFP). You'll be rewarded for your hard work and dedication through their commissions and 2024 Bonus Program.

Highlights of Cigna's 2024 commissions:

  • Remember the drive to five: Once you or your agency sell five medical plans, you start earning on new medical sales and renewals from the first 2024 application
  • On and off marketplace: Medical commissions apply to all plans sold at all metal levels, on or off marketplace and sold during Open Enrollment or Special Enrollment
  • Timely earnings: Medical and dental commission checks are issued twice a month

Additionally, Cigna has their 2024 Bonus Program. Your bonus is based on new sales submitted with 2024 effective dates. It cannot be combined across states. You can earn bonuses on top of commissions for all IFP medical plans sold in these states: Colorado, Florida, Indiana, Mississippi, North Carolina, Tennessee, Texas and Virginia.

Don't forget all of Cigna Healthcare marketing flyers in English, Spanish and some other languages, are available in the Resource Center on CignaforBrokers.com or in the 2024 OEP Resource Center.

*Open Enrollment deadline in most states. OpenEnrollment deadline in CO is 1/15/24.

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