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Client Retention MVP

Updated over a month ago

Overview

Spark is providing enhanced visibility into Book of Business data for Agency Principals (APs) and Telephonic LOA Agents (LOAs) through new reports and dashboards that can be exported to their own device.

Reports and Dashboards

Accretion Rates

  • Accretion rate per calendar month year over year

  • Application volume by month year over year

  • Accretion rate by Carrier year over year

  • Accretion rate by state year over year

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Retention Rates

  • Retention rate per calendar month year over year

  • Termed volume by month year over year

  • Retention rate by Carrier year over year

  • Retention rate by state year over year

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Reports for Agency Principals

  • All of the other accretion and retention charts agents get but across agents (previous 2 slides)

  • Accretion rate by agent year over year

  • Retention rate by agent year over year

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Additional Resources

Enrollment Definitions

Status

Definition

Possible Reasons*

Submitted

Carriers see the application but have not actioned on it yet.

n/a

Approved

The plan is approved, but not effective yet.

n/a

Accreted

Application has turned into an enrollment

n/a

Attrited

The application failed to become effective

Denied: Carrier denied due to error in application • Withdrawn: Consumer withdrew/cancelled the application before it was accepted by CMS • Cancelled: Consumer cancelled/withdrew the application after it was accepted by CMS but before the effective date

Disenrollment

The termination of a previously active plan (incl. delineations between rapid disenrollment and future disenrollment)

• Deceased • Enrolled into another plan • Not eligible

Churn

A change in Agent of Record

n/a

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