Allstar Surety offers DMEPOS Bonds, which are used as a guarantee that all claims submitted to Medicare are legitimate. These bonds are required by the Centers for Medicare and Medicaid Services (CMS) for all providers and suppliers of “durable medical equipment, prosthetics, orthotics and suppliers” that intend to bill Medicare for the equipment.
The bond is posted with the CMS (the obligee) to ensure compliance with their regulations. DMEPOS bonds in exchange for annual premium, the surety provides a financial guarantee to the CMS that any potential claims will be rectified. A bond must be purchased for every location that has a National Provider Identifier (NPI).
As a national bond broker with a full line of commercial surety bonds, Allstar Surety makes applying for a DMEPOS bond easy. We’ll help your insured obtain a DMEPOS bond from us quickly, and at a competitive price.