Medicaid / Medicare Bond | Surety BondMedicaid / Medicare Bond Application
Type of BondNew bond requirement for Companies that supply medical equipment or manufacture equipment such as orthopedic shoes and prosthetics will also have to obtain the Medicaid bond. The Bond amount is $50,000 The department of health and human services publishes the rules and regulation to prevent fraud and malpractices in the supply of Durable Medical Equipment for the medical beneficiaries. This surety bond will be highly effective in stopping fraud and malpractices. Under this regulation, suppliers of DME are required to obtain the surety bond. This Medicaid bond is imposed as per the rules and regulation of the federal and state government. The Medicaid funds are jointly provided by the state and federal government to assist the state and the county in providing medical assistance to the public who meet certain criteria. The medical health plans offered by the private insurance companies will provide Medicare coverage. Depending upon the bond and the bonding company Medicare advantage programs will be offered to you. This Medicare bond provides health insurance coverage for hospital and physicians’ services to people aged 65 and older and other disabled persons. This bond enables the people to make avail of the plans and privileges offered by the medical health bonds. This bond covers damages faced by the obligee for the non-performance of the duties.
Program: Our agency currently has several specialty programs that can help you place your Medicaid / Medicare Bond.
Medicaid / Medicare Bonds are an extension of credit, like a loan your rate will be based upon your credit situation. Most surety agencies will decline your bond submission if you don't have a 700 credit score, but our company is different. We can help you in almost any credit or financial situation. Our rates start at 1% to 3% for most surety bonds. If your credit has taken a beating the rates start at 4% to 25%.
Always check with the "Obligee" for details
Our application process for a Medicaid / Medicare Bond is easy. You can apply for the Medicaid / Medicare Bond Application .Find this bond for another state
Obligee InformationAn obligee is the entity that is requiring you to have the Medicaid / Medicare.
|State||Surety Bond type||Bond Amount||Obligee||More info|
|Alabama||Medicaid Provider Bond||$35,000||Alabama Medicaid Agency||Alabama Medicaid Provider Bond|
|Arizona||Medicare Bond||$50,000||The Centers For Medicare & Medicaid Services||Arizona Medicare Bond|
|California||Medicaid Provider Bond||$50,000||California Medicaid Provider Bond|
|Colorado||Medical Marijuana License Bond||$5,000||City And County Of Denver||Colorado Medical Marijuana License Bond|
|DC||Medicare Bond||$50,000||Centers For Medicare & Medicaid Services (CMS)||DC Medicare Bond|
|Federal||Medicaid Bond||$50,000||Centers For Medicare & Medicaid Services (CMS)||Federal Medicaid Bond|
|Federal||Medicare Bond||$50,000||Centers For Medicare & Medicaid Services (CMS)||Federal Medicare Bond|
|Florida||Medicaid Bond||$50,000||State Of Florida Health Care Administration (AHCA)||Florida Medicaid Bond|
|Florida||Medical Provider Bond||$50,000||State Of Florida Agency For Health Care Administration||Florida Medical Provider Bond|
|Illinois||Medicare Bond||$50,000||Medicare & Medicaid Centers Of||Illinois Medicare Bond|
|License Permit||Medicaid / Medicare Bond||License Permit Medicaid / Medicare Bond|
|New Jersey||Medicaid/ Medicare Bond||$10,000||Regulated Business Section||New Jersey Medicaid/ Medicare Bond|
|New Jersey||Medicare Bond||$50,000||Us Department Of Health & Human Svc Centers For Medicare & Medicaid||New Jersey Medicare Bond|
|New York||Medicaid Bond||$50,000||Nys Office Of Medicaid Inspec||New York Medicaid Bond|
|South Carolina||Medicare Bond||$50,000||Medicare & Medicaid Centers Of||South Carolina Medicare Bond|
|Texas||Medicare Bond||$50,000||Us Department Of Health & Medicaid Services||Texas Medicare Bond|
|Virginia||Medical Transport Bond||$25,000||People Of The Commonwealth Of Virginia||Virginia Medical Transport Bond|
|Virginia||Medicare Provider Bond||$50,000||State Of Virginia||Virginia Medicare Provider Bond|
|West Virginia||Medical Organization Bond||$35,000||West Virginia Ins Commissioner||West Virginia Medical Organization Bond|