Medicare / Medicaid Bond
What is a Medicare / Medicaid Bond?
A Medicare / Medicaid Bond is a type of Commercial bond that ensures that durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) suppliers comply with Medicare regulations and guidelines.
Protects Medicare program and beneficiaries from fraud, abuse, or non-compliance by DMEPOS suppliers.
Required by the Centers for Medicare & Medicaid Services (CMS) for DMEPOS suppliers to participate in the Medicare program.
Applicant’s personal or business information, credit history, bond amount ($50,000 per National Provider Identifier), and supplier details.
Based on credit history, typically starts around $250-$500 annually for applicants with good credit.
