NV Medicare DMEPOS $50,000

Medicare DMEPOS Surety Bond in Nevada- $50,000.
Pharmacies-$250.00; All others-$500.00. Other prices vary based on credit.

Or click here to download a PDF version of the application.

On January 2, 2009, the Centers for Medicare & Medicaid Services (CMS) published a final rule in the Federal Register which mandates that many suppliers of Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) to Medicare patients furnish CMS with a $50,000 surety bond. A seperate surety bond is required for each National Provider Identifier (NPI) obtained for DMEPOS billing purposes. The deadline for exisiting suppliers is October 2, 2009; new suppliers or those with ownership changes is May 4, 2009.

These bonds might also be called Medicare bonds, Medicaid bonds, or Durable Medical Equipment Suppliers bonds.

The main purpose of this surety bond is to minimize risk of the Medicare program to fraudulent or abusive DME suppliers. It also ensures that the Medicare program recoups erroneous payments that result from fraudelent billing practices by allowing CMS or a designated contractor to seek payments from a surety up to the penal sum.

Certain suppliers are exempt from the surety bond requirements. Such exemptions include:

- Specific physicians and non-physician practitioners
- Specific state-licensed physical and occupational therapists
- Specific state-licensed orthotic and prosthetic personnel
- DMEPOS suppliers owned or operated by a Federal, State, Local or Tribal goverment agency

You are applying for a $50,000 Medicare DMEPOS Surety Bond.
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1. Click for Quote, fill out PDF. 2. Click Submit. 3. Get your Exact Quote emailed to you.
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The driest state in the U.S., receiving less than 7 inches of rain a year, is Nevada. The state is more popularly known for its more famous city, Las Vegas. Before 1931, gambling was illegal in the state. Imagine Vegas with no casinos!

Now Nevada is home to over 200,000 slot machines and is known as the "gambling and entertainment capital" of the United States. However, the state is not just centered around gambling. More than 80 percent of its land is owned by the federal government and is the site for many scientific and military tests.

Area 51, the most top secret government facility in the country, is located in Nevada. The state is also the third largest producer of gold in the world and a nation-wide leader in the production of silver.

Though it is one of the hottest states, The Sierra Nevada mountains have snow for over half of the year. Nevada also has the most mountain ranges of any other state and has the 9th highest mountain in the U.S.

The town of Las Vegas has more hotels than any other place one earth, with many of them being the largest in the world as well. The town is also known for its wedding chapels. There are themed chapels, 10 minutes wedding chapels, and even drive-through chapels. Approximately 150 couples get married in the city every day.

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