{"id":569,"date":"2013-03-16T05:19:49","date_gmt":"2013-03-16T05:19:49","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=569"},"modified":"2017-01-03T16:20:41","modified_gmt":"2017-01-03T16:20:41","slug":"maine-third-party-administrator-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/maine-third-party-administrator-bond\/","title":{"rendered":"Maine Third Party Administrator Bond"},"content":{"rendered":"<p>An individual or business entity that chooses to operate as a TPA in Maine must provide a\u00a0<strong><a title=\"Surety One commercial surety page\" href=\"https:\/\/suretyone.com\/commercial-surety-bonds\" target=\"_blank\">Maine third party administrator bond<\/a><\/strong>\u00a0and be properly licensed by the state. \u00a0A third party administrator, or &#8220;<strong>TPA<\/strong>&#8221; defined by Maine statute\u00a0is any person who, on behalf of a plan sponsor, health care service plan, health maintenance organization or insurer, receives or collects charges, contributions or premiums for, or adjusts or settles claims on residents of Maine in connection with any type of life, annuity, health, workers&#8217; compensation or employee benefit excess insurance benefit provided in or as an alternative to insurance as defined by sections <a title=\"ME third party admin law\" href=\"http:\/\/www.mainelegislature.org\/legis\/statutes\/24-A\/title24-Asec1901.html\" target=\"_blank\">702 to 704<\/a>, former Title 39 or Title 39-A. The\u00a0<strong>third party administrator bond<\/strong>\u00a0amount is determined by premium and contribution volume. You may review the formulas <a title=\"ME third party admin bond formulas\" href=\"http:\/\/www.mainelegislature.org\/legis\/statutes\/24-A\/title24-Asec1904.html\" target=\"_blank\">here<\/a>. \u00a0The\u00a0<strong><a title=\"ME Third party admin bond form\" href=\"http:\/\/www.maine.gov\/pfr\/insurance\/producer\/pdf\/bond.pdf\" target=\"_blank\">surety bond<\/a><\/strong>\u00a0obligation guarantees that the TPA will comply with the laws of the State of Maine pertaining to Third Party Administrators by the full accounting and due payment, to the person entitled thereto, of any funds coming into the possession of the licensee.\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">Surety One, Inc.<\/a>, is the best resource for the bonding needs of the financial sector. \u00a0We will issue these bonds for ALL qualified and experienced applicants regardless of temporary fluctuations in financial statement or credit condition. We also offer superlative\u00a0<a title=\"Surety One fidelity bond page\" href=\"https:\/\/suretyone.com\/fidelity-bonds\" target=\"_blank\">fidelity bond<\/a>\u00a0coverages to protect against losses due to employee dishonesty. \u00a0Visit the <strong>nation\u2019s surety leader<\/strong> at\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(787) 333-0222<\/span>\u00a0or\u00a0<span style=\"color: #ff0000;\">(800) 373-2804<\/span>, or email\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>\u00a0for a\u00a0<strong>Maine third party administrator bond<\/strong>\u00a0application or information about a\u00a0<strong>TPA bond<\/strong>\u00a0need in any state where one may be required.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An individual or business entity that chooses to operate as a TPA in Maine must provide a\u00a0Maine third party administrator bond\u00a0and be properly licensed by the state. \u00a0A third party administrator, or &#8220;TPA&#8221; defined by Maine statute\u00a0is any person who,&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/maine-third-party-administrator-bond\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[139],"tags":[701,702,703],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Maine Third Party Administrator Bond &bull; Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/maine-third-party-administrator-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maine Third Party Administrator Bond &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"An individual or business entity that chooses to operate as a TPA in Maine must provide a\u00a0Maine third party administrator bond\u00a0and be properly licensed by the state. \u00a0A third party administrator, or &#8220;TPA&#8221; defined by Maine statute\u00a0is any person who,... 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