Idaho licenses third party administrators through the Department of Insurance under Idaho Code Title 41, Chapter 9, and can condition the license on a surety bond sized to the funds you handle. The premium is 1% of the bond amount, $100 minimum — your exact price for the amount the Department requires appears in the calculator below.
















No underwriting queue for the standard TPA bond — enter your amount, pay, and file with the Department of Insurance. Here is the whole thing:
Your business details, the bond amount required, and the effective date — that is the entire application.
The application collects no credit information, so most applicants are approved and the executed bond is generated as soon as you pay. If a check does run on a larger amount, it is a soft pull that never touches your score.
Submit the executed bond with your TPA license application or renewal. Wet-ink originals mailed whenever the Department insists on them.
Idaho licenses third party administrators — firms that collect premiums or contributions and pay claims for insurers and self-funded plans — through the Department of Insurance under Idaho Code Title 41, Chapter 9. The Department can require a surety bond as a condition of licensure.
The bond is a financial-responsibility guarantee running to the benefit of the people whose money you handle. If an administrator misapplies or fails to account for funds collected on behalf of insurers, plans, or covered persons, the harmed party can recover against the bond.
The amount is tied to the funds you handle, not a single fixed number. Published guidance describes figures such as $20,000 (or 10% of funds handled, whichever is greater) for administrators of non-self-funded business, and a larger bond for administrators of self-funded health plans. Confirm your required figure with the Department, and your exact price appears at the application, starting from $100.
Submit the application with your required bond amount — the executed bond is generated instantly, ready to file with the Department of Insurance.
Start the application →Premiums from $100. Enter your required amount and file with the Department of Insurance the same day.