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Posted

As I was looking into this issue, I came across the DOL regulations at 2580.412-31 and -32.  However, these provisions appear to limit the exemption from bonding to the insurance companies providing the plans to other employers and do not specifically exempt the employers themselves.  Has anyone sought to apply these regulatory exemptions to the employers adopting such plans?

Posted

Not certain what (or why) you are asking? How/why would anyone attempt to exempt an employer from required bonding by using an exemption that specifically applies to an "...insurance carrier or service or other similar organization..."

I guess my answer to what I think you are asking is no, I've never heard of anyone attempting to apply this exemption to the employer.

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