Suppliers of Durable Medical Equipment, Prosthetics, Orthotics, and Supplies
The newly required Medicare (DMEPOS) surety bond is available nationwide for most credit situations starting as low as $200.00 per year depending on credit and other factors.
Click Here for the Surety Bond Application
Suppliers with a NPI number may need to obtain a surety bond in the amount of $50,000 by Oct 1, 2009 from a
U.S. Department of the Treasury listed Surety.
EXCEPTIONS: Click Here For a Summary of the Limited Exceptions to the Medicare DMEPOS Surety Bond
For more information regarding the Centers for Medicare & Medicaid Services (CMS), HHS Final rule, view: Federal Register: January 2, 2009 (Volume 74, Number 1) and Federal Register: August 1, 2007 (Volume 72, Number 147). The Medicare surety bond changes were proposed in 72.147 and enacted in 74.1.
A surety bond is a financial instrument much like a loan. Approvals and prices are based on personal credit history and business financial strength.
Applying early provides enough time to correct any credit or financial issues to avoid a last minute unpleasant or possibly unsolvable situation.
Click here to complete the short online application for a free no obligation quote.
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