DMEPOS Bond, Medicare Bond
The Durable Medical Equipment, Prosthetics, Orthotics, and Supplies Bond is required by the federal government of all DMEPOS suppliers and manufacturers. This $50,000 bond requirement has been in place since a 2009 CMS regulation took effect in hopes of eliminating malpractice. This bond is also referred to as a Medicare Bond.
Though most Sureties were reluctant at first to write this requirement, the ones that have developed programs are now willing to write the DME bond at all levels of risk.
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