New legislation took effect on January 1, 2013 requiring all enrolled Durable Medical Equipment (DME) providers obtain a Texas Medicaid Performance DME Provider Bond in the amount of $50,000 to be in compliance with Title 1, Texas Administrative Code (TAC) §352.15.
Bonds Express offers a Texas Medicaid Performance DME Provider Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Texas Medicaid Performance DME Provider Bond holds you accountable for your business decisions.
By possessing a Texas Medicaid Performance DME Provider Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.