Businesses that are active or plan to participate in the Medicare Program as a supplier of durable medical equipment, prosthetics, orthotics or other medical supplies (DMEPOS), may be required to secure a bond in the amount of $50,000.
Fran Kelly Professional Liability can offer these bonds for premium as low as $250.00. No financial statements necessary!*
We work with Western Surety Company, Old Republic Surety Company, and several others which can all be found on the Department of the Treasury’s ‘Listing of Certified (Surety Bond) Companies’. More information on the regulation and FAQs about the bonds can be found on the National Supplier Clearinghouse website.
Our application process has been streamlined for your convenience and we can provide you with outstanding service. To get a free quote and consultation for a DMEPOS bond, simply download the application, complete it in its entirety and fax or e-mail it to our office.
Bad credit? No problem! Fill out this application and get a quote today.
*Not applicable to those with more than one location, sub standard credit, or requiring an elevated bond penalty.
The Centers for Medicare & Medicaid Services (CMS) are requiring certain suppliers of durable medical equipment, prosthetics, orthotics and supplies to furnish CMS with a surety bond, which needs to be filed with the National Supplier Clearinghouse. The Centers for Medicare & Medicaid Services can provide suppliers with additional information about the Medicare Program and bond requirement.
*Products may not be available in all states.