The Results page displays the calculation details and results for each of the Policy Transaction processed in the Cycle. There will be a line displayed for each Agent associated with the Policy.
The page has options to export the displayed results to excel or csv, column options that will allow columns to be hidden, and Advanced Search.
It is recommended when reviewing a Commission cycle to export the Results and Summary pages to excel or csv for review. The export can then be used to track any changes needed on records like Transactions, Chargebacks, and Adjustments. Making changes to records that are in Pending Status from being in the cycle, will cause the Commission Cycle to be cancelled or abandoned.
If commissions are processed for Product Types Medicare Advantage or Medicare Prescription, a separate tab (MAPD Results) will display commissions for those Policies. Consult Medicare documentation for all features for additional information.
Commission Results page.
The following columns are in the Results Page:
- Policy Number – identifier for the Policy.
- Policyholder – primary person associated with the Policy.
- Issuer – Carrier or Company.
- Product – Product Type.
- Plan – Plan Name.
- Agent ID – Comissio ID for the Agent.
- Name – name of the Agent or Business Name if designated an organization.
- Commission Processing Date – date entered for the cycle (added to open Cycle to be consistent with column in Results page for Closed Runs).
- Contract – Contract or Alternate Contract for the Agent for the Issuer and Product Type.
- Level – value to show order of Agents starting with the Writing Agent (level 1).
- Premium –Commissionable Premium amount that is multiplied against percentage rates.
- Pay Schedule – billing schedule; Monthly, Quarterly, Semi-Annually, Annually.
- Months Advance – number of months for advance.
- Commission Rate –percentage rate applied against Premium.
- Fixed Amount – fixed amount applied per month for commission calculation.
- Member Count – number of members used for group and can be negative for fixed amount corrections.
- Advanced Commission – amount for Advances when percentage rate used.
- Advanced Fixed Amount – amount for Advances when fixed amount rate used.
- Admin Fee Rate – rate of Admin fee applied to Advances.
- Admin Fee – product of Admin Fee rate x Advances.
- Transaction Type – Comm (placeholder for future uses).
- From Month – starting month for the Transaction.
- To Month – ending month for the number of months representing the Transaction.
- Monthly Processing Commission – monthly amount of commission.
- Earned Commission – amount paid after any Advances have been recovered.
- Advanced Recovery – amount credited to recover advances paid.
- Net – final amount paid to the Agent for the Policy.
There is an option to View Commission Distribution that can be seen by expanding a line in the Results page. This allows a view of the Agents for the Policy and their associated Commission Rates.
Results page – detail view of line option
