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Medicare Bond Information
On December 29, 2008 The federal government announced a new surety bond requirement for vendors of the Medicare program that provide Medical Equipment, Prosthetics, Orthotics and Supplies, or DMEPOS. All existing vendors must have their $50,000 surety bonds in place by October 2, 2009. The surety bond requirement is designed to limit the Medicare program risk from fraudulent equipment suppliers and help to ensure that only those suppliers who remain in the program furnish items to Medicare beneficiaries that are considered reasonable and necessary from legitimate DMEPOs suppliers. We have a fast and efficient program in place that is based on your credit score for the single $50,000 bond. For vendors with multiple NPI numbers needing in excess of $50,000, we will require both personal and business financial statements in addition to your credit report. We at Rocky Mountain Surety are here to guide you through the process and answer any questions that you may have. If you need a Medicare Surety Bond, please contact Aaron Frye at:
Phone: (303) 670-9600 or (303) 762-1717 Fax: (303) 762-1733 Email: aaron@forsberg-engerman.com
Click here for additional information
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