Blue Cross and Blue Shield of Vermont does not pay commissions for small group or individual business. Producers representing large groups can register with BCBSVT by following the instructions below.
Become a Health Insurance Broker
You can become a registered broker with BCBSVT by following the steps below:
1. Vermont License
Obtain a valid Vermont Accident, Health and HMO resident or non-resident license. You may also visit: http://www.nipr.com/ for more information about becoming Vermont licensed:
Save a copy of the Standard Producer Commission Agreement (SPCA) for your records and submit the following paperwork:
Producer Agreement Acknowledgement FormImage W-9Image SADBUS Survey FormImage ACH Electronic Funds Transfer AuthorizationImage
Email completed documents and copy of license to: firstname.lastname@example.org or mail to:
Attn: Broker Relations
P.O. Box 186
Montpelier, VT 05601-0186
BCBSVT Broker Relations will process your paperwork within one week of receiving all completed forms. If you have a new group for which commission is owed, please include a copy of the signed enrollment agreement, renewal election form or Broker of Record letter.
You will receive a confirmation email from Broker Relations which will include the following:
- Link to our current Producer Commission Schedule
- BCBSVT sales contact name and number
- Broker commissions and compensation contact information
Please note: The Plan does NOT hire Independent Agents nor do we appoint Producers in the State of Vermont.