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Can a VEBA insure or administer a public employer pooled plan?

April 26, 2017employer insure Plan pooled public veba

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Can a VEBA insure or administer a public employer pooled plan?

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Any individual, business or organization offering claims handling services must be licensed as a third party administrator under Michigan’s Third Party Administrator Act, MCL 550.901, et seq. Any business underwriting health benefit plans in Michigan is subject to regulation under the Insurance Code and/or General Insurance Laws of Michigan.