We
are pleased to announce that DME Bonds will still be issued
as of 10/1/2009 by The Surety Group Agency.
The Federal Government announced a new surety bond requirement
for
DMEPOS Suppliers. A
DME Bond,
Medicare Bond or
DMEPOS
Bond is the type of bond. As of
October 2, 2009 all current
Durable Medical Equipment Providers,
Prosthetics Providers,
Orthotics
Providers and
Medical Supplies Providers must post a $50,000 DME
Surety Bond. Though it is after the deadline, we are still able to issue your
Surety Bond!
As such, The Surety Group Agency, LLC is pleased to announce our simplified 4 tiered
underwriting program for the required DMEPOS surety bond. With our one page applications,
online access and simplified underwriting, The Surety Group can make getting your
required Medicare Bond easy.
These bonds might also be called:
Medicare Bonds,
Medicaid Bonds or
Durable Medical
Equipment Suppliers Bond.
The surety bond guarantees that the
Medicare program will be able to recoup
losses due to fraudulent activity or abusive billing practices.
CMS Issues DME Surety Bond Requirements