$250 is your GOOD CREDIT PRICE for a $50,000 Medicare DMEPOS Bond for most states.
The Centers for Medicare & Medicaid Services (CMS) imposed a rule in January 2009 that requires all suppliers of Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) to produce a Medicare DMEPOS Bond.
Please note a supplementary application will be required in order to provide a quote.
The DMEPOS Bond is also known as a Medicare Bond and the Medicare DMEPOS Bond amount is typically set at $50,000 unless your business is deemed a high risk. Every location you operate will require its own Medicare DMEPOS Bond. It is also necessary for you to provide your National Provider Identification (NPI) for each bond.
Medicare DMEPOS Bonds are generally available starting at $200 with acceptable credit.