The Vermont Department of Financial Regulation adopted regulations that require multiple employer welfare associations (MEWA) for health insurance plans to post a $500,000 surety bond to secure the association’s contractual obligations to its health benefit plan members.
The MEWA also must obtain a fidelity bond covering the administrator of the MEWA, its employees and service agents.
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If you’re ready to get a free surety bond quote to meet this new surety bond requirement, you can simply apply online. We are the nation’s largest volume bond producer, and provide the lowest rates in the industry.