| Medicare Bond also known as DMEPOS is required by the Centers for Medicare & Medicaid Services (CMS) .On December 29, 2008 thay announced regulations requiring suppliers of certain durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) to post a surety bond as a condition of new or continued Medicare enrollment. |
| The regulation states that suppliers seeking to enroll or changing the ownership of a DMEPOS supplier must submit a $50,000 surety bond for each assigned NPI for which the DMEPOS supplier is seeking to obtain Medicare billing privileges. Existing DMEPOS suppliers must submit to the NSC a $50,000 surety bond for each assigned NPI no later than October 2, 2009. |
| In addition, a DMEPOS supplier enrolling a new practice location must submit to the NSC a new surety bond or an amendment or rider to the existing bond, showing the new practice location is covered by an additional base surety bond of $50,000. Suppliers who have certain adverse legal actions imposed against them in the past may be required to post a higher bond amount. The final regulations permit the NSC to require DMEPOS suppliers to obtain a base surety bond of $50,000 and an elevated surety bond of $50,000 for each occurrence of an adverse legal action within ten years preceding enrollment, revalidation, or reenrollment in the Medicare program |
| The final regulations are effective March 3, 2009. Some companies or organizations that supply DMEPOS are exempt from the surety bond requirements. Such exemptions include: |
- Certain physician and non-physician practitioners
- Physical therapists
- Occupational therapists
- State-licensed orthotic and prosthetic personnel
- Government-owned suppliers
|
| DMEPOS Bond for $50,000 Rate Start From $250 for applicants with good credit All applications are subject to credit check |
To Apply For DEMPOS, Medicare Bond:
 For Faster Service
|
 Application, Sign & Fax to 713-785-2711 |
Why Bond with Us?
|
- Affordable Rates, No hidden fees
- Experience, in Business since 1988
- Great Service
- Fast Approvals & Same day Delivery
- Free price quotes – No obligation to buy
- Friendly Staff
|
| |
