$50,000 bond required by Connecticut Health Exchange

Category: Uncategorized
Published: Jul 20, 2011
HB 6323: Public Officials

This bill will implement the new federal health care law to establish the state of Connecticut’s health care exchange system purchasing health care plans. A surety bond in the amount of $50,000.00 must be posted by the Connecticut Health Exchange to secure the performance of the duties of office. A blanket position bond covering each director, the Executive Director of the Exchange and its employees will be accepted instead of individual bonds.

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