1 (844) 589-9732 info@ameriprosuretybonds.com

DMEPOS Surety Bond

DMEPOS| Medicare Bond | AmeriPro Surety Bonds | 844-589-9732

DMEPOS, or Medicare Surety Bond

What is DMEPOS?

DMEPOS stands for durable, medical equipment, prosthetics, orthotics suppliers.  The acronym refers to those who are suppliers of medical equipment to Medicare or Medicaid.

While the surety bond is known as a DMEPOS surety bond, it is also sometimes referred to as a Medicare surety bond or Medicaid surety bond.

Who Requires this Medicare bond?

The Centers for Medicare and Medicaid Services (CMS) requires that this surety bond be purchased.

This surety bond requirement was enacted in October of 2009, and with some government-related exceptions, Medicare and Medicaid providers are required to have this surety bond.

What is the purpose of the Medicare Bond?

The DMEPOS surety bond was enacted in response to prior instances of fraud and other illegal activities that had been committed by physicians and medical providers.

This surety bond is required as a stop-measure to protect against instances of fraud.

It is not, therefore, an insurance policy on behalf of the Medicare provider.  Rather, it protects against wrongful, fraudulent, or negligent acts committed by a medical provider.

The amount of the DMEPOS or Medicare Bond:

Non-exempt DMEPOS providers are required to obtain a surety bond for $50,000 for each location in which they have an office.

Therefore, a Medicare provider with 10 offices would be required to file a $500,000 surety bond with CMS.

The Cost for a DMEPOS Bond:

While the amount of a DMEPOS surety bond is $50,000 per location, you will only pay a small fraction of that amount.

Applicants with ideal credit scores can pay as low as 1% of the total surety bond amount.

The amount of premium will be determined almost entirely by credit scores.

Getting a DMEPOS Bond with ‘Bad Credit’

AmeriPro Surety Bonds understands that some applicants for a DMEPOS surety bond will have challenged credit.

We emphasize very strongly to such persons:  We understand.  Please do not be in the least bit hesitant to call our offices.

AmeriPro Surety Bonds will work with you to get you this surety bond.  Moreover, we will work to get you the best pricing that we can find.

AmeriPro Surety Bonds

As a surety-bond only agency, AmeriPro Surety Bonds provides DMEPOS, contract, commercial, court and fiduciary surety bonds in all 50 states.

Call AmeriPro Surety Bonds today at:  844-589-9732

 

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

South Carolina Reclamation Bond

South Carolina Reclamation Bond | AmeriPro Surety Bonds | 844-589-9732       Reclamation – South Carolina       South Carolina statutorily defines reclamation as, “...the reasonable rehabilitation of the affected land for useful purposes...

South Carolina Probate Bond

South Carolina Probate Bond | AmeriPro Surety Bonds | 844-589-9732       Probate – South Carolina       Probate is sometimes defined as “the process of proving a will”. While typically the probate process involves the affairs of the...

South Carolina Mortgage Lender Bond

South Carolina Mortgage Lender Bond | AmeriPro Surety Bonds | 844-589-9732       Mortgage Lenders – South Carolina       The surety bond required of South Carolina mortgage lenders is called a Mortgage Lender Special Deposit Bond. The...

apply today

contact us

Office: 1 (844) 589-9732

Email: info@ameriprosuretybonds.com

Hours of Operation:

Monday – Friday 7 am to 5 pm (PST)

Copyright © 2018 AmeriPro Surety Bonds, LLC. | Powered by CustomMarketer.com

Privacy Policy   Terms of Use