What obligation does a member/consultant have if they decide to leave IPS …?
• There are no obligations other than living up to the terms of each contract you negotiate with your clients. • However, IPS spends a considerable amount of time and effort setting up each member’s benefit programs, pension accounts, wire transfer accounts, and creating each “Profit Center’s” infrastructure within the IPS framework. When a member decides to leave IPS, medical programs must transition to COBRA payments (18 months), pension roll-overs processed, and the infrastructure shutdown and terminated. IN the even a member leaves IPS before the first year membership anniversary. IPS will charge their “Profit Center” a $500 shutdown fee. After a member’s first membership anniversary, the shutdown fee is only $150.
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