New bond requierment for Companies that supply medical equipment or manfuacture equierpement such as ortapedic shoes and proestiocs 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.
Contact Us E-mail Form
Phone: (480) 626-8916
Toll free: (866)-420-2613
Fax: (480)452-1730
Address:
PO Box 54338 Phoenix AZ 85078
E-mail : INFO@integritybonds.com for
details.
Surety Bonds by State. If you don't see the
surety bond you need don't worry. We have the bond type
your looking for, please contact us and we will e-mail
or fax it to you.
