Are Discount Health Care Card Program operators required to maintain a surety bond?
Yes. Program operators are required to maintain a surety bond in the principal amount of $50,000 for the payment of consumer claims. 11. The rules require a template of the disclosure materials and a template of the program member application to be provided with the program operator’s application for registration. Are the requested templates intended to be the excerpted text only? No. A program operator will need to provide a template of the complete set of disclosure and application materials and not excerpts from these materials. TDLR needs to receive a template of the complete package of materials that the consumer receives in order to assess compliance with the statute and the rules. Use of the term “template” was adopted for the rules with input from the discount health care card industry. The intent was to aide those program operators, who have multiple programs with the same benefits and information but have different program names, from having to provide duplicate information.
Related Questions
- What was the effective date of the law requiring Discount Health Care Card Program operators to register in Texas?
- What is the date that all Discount Health Care Card Program Operators are required to be registered with the TDLR?
- Are Discount Health Care Card Program operators required to maintain a surety bond?
