Alabama Medicaid Provider | $35,000 Medicaid Provider Surety Bond
Also known as: medicaid provider bond
Type of Bond
A Medicaid provider bond is a type of surety bond that is required by many state Medicaid agencies for healthcare providers who participate in the Medicaid program. The bond serves as a guarantee that the provider will comply with all applicable laws and regulations related to Medicaid billing and reimbursement, including proper coding and documentation of services, accurate submission of claims, and repayment of any overpayments. If the provider fails to comply with these regulations, the bond provides financial compensation for any resulting losses or damages. The bond amount varies by state and is typically based on the provider's Medicaid billing history and volume.
Program
The price you'll pay for your $35,000 Medicaid Provider Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $35,000 Medicaid Provider Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $35,000 Medicaid Provider Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Medicaid Provider Bond Application process.
The Alabama Medicaid Provider Bond amount is currently set at $35,000.
Obligee Information
An obligee is the entity that is requiring you to have the Medicaid Provider bond.
Obligee: Alabama Medicaid Agency
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!