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Legislative updates and editorial columns from the surety experts at JW Surety Bonds; the largest surety bond company in the U.S.

Washington Health Care Service Bond




WashingtonA new bill was enacted in the State of Washington relating to health care services. The new bill, which is referred to as SB 5480 regulates discount plan organizations that offer plans to consumers for health care services. SB 5480 requires a surety bond in a minimum quantity of $35,000. As an alternative to the surety bond, cash securities or other financial instruments are authorized to be deposited in the same quantity.


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