Medicare DMEPOS Bonds

The Federal Government recently passed legislation requiring Suppliers of Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) to secure a bond in the amount of $50,000. Any new suppliers seeking enrollment into the program are required to purchase the bond by May 4, 2009. The existing Medicare DMEPOS suppliers must meet the bond requirement by October 2, 2009. The bonds will need to be filed with the National Supplier Clearinghouse located in Columbia, South Carolina. The Center for Medicare Services will soon provide suppliers with more information about filing the bonds.

 

Medicare DMEPOS Bond Quoted Rates:

Providers Licensed and Certified by State Board or Agency — $5 per $1,000

All Other Providers/Suppliers — $10 per $1,000

(Tiered rates available for providers at the $10 rate level with multiple locations)

 

Medicare DMEPOS Bond Application (PDF)

 

Fax documents to:

(877)577-1722 or (209)954-0800

Or email: bonds@sanguinettico.com

 

Sanguinetti & Co.

7337 Pacific Avenue

Stockton, CA 95207-1924