New bond requirement for Companies that supply medical equipment or manufacture equipment such as orthopedic shoes and prosthetics will also have to obtain the Medicaid bond. The Bond amount is $50,000 The department of health and human services publishes the rules and regulation to prevent fraud and malpractices in the supply of Durable Medical Equipment for the medical beneficiaries. This surety bond will be highly effective in stopping fraud and malpractices. Under this regulation, suppliers of DME are required to obtain the surety bond. This Medicaid bond is imposed as per the rules and regulation of the federal and state government. The Medicaid funds are jointly provided by the state and federal government to assist the state and the county in providing medical assistance to the public who meet certain criteria. The medical health plans offered by the private insurance companies will provide Medicare coverage. Depending upon the bond and the bonding company Medicare advantage programs will be offered to you. This Medicare bond provides health insurance coverage for hospital and physiciansâ€™ services to people aged 65 and older and other disabled persons. This bond enables the people to make avail of the plans and privileges offered by the medical health bonds. This bond covers damages faced by the obligee for the non-performance of the duties.
The price you'll pay for your $0 Medicaid Medicare 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 $0 Medicaid Medicare 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.
The application process for a $0 Medicaid Medicare 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 Medicare Bond Application process.