SC Medicare DMEPOS - $50,000

Medicare DMEPOS Surety Bond in South Carolina- $50,000.
Pharmacies-$250; All others-$500. 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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  Here’s How it Works:

1. Click for Quote, fill out PDF. 2. Click Submit. 3. Get your Exact Quote emailed to you.
All bonds are guaranteed to be accepted by the obligee
Along with its northern neighbor, the state of South Carolina has some of the countries most beautiful coastline. A 60-mile stretch of the coast is called, "The Grand Strand", and has become one of the most popular destinations for vacationers in the world. Nicknamed the "Palmetto state", South Carolina has more palm trees than any other state on the eastern seaboard. Palm trees were used to build an American Fort during the American Revolution. The trees sponginess is said to have protected the soldiers because the British cannon-balls would "bounce off of the walls". Travel away from the coast and you will encounter South Carolina's Blue Ridge Mountains. They were named for their blue appearance when viewing them from a distance. While Georgia may be famous for its peaches, it is actually not the largest producer of the fruit in the country. South Carolina produces the most, and Johnston is said to be the "Peach Capital of the World". A fan of golf? South Carolina is home to over 300 private and public golf courses, most of which are ranked among the most beautiful and prestigious in the world. The state also has some cities with very strange names. The towns of "Coward", "Ninetimes", "Southern Shops", "Welcome", and "South of the Border", are all located in South Carolina. Speaking of South of the Border, this is not just the name of a city in the state. South of the Border is also a popular tourist attraction and home to a Mexican restaurant, gift shop, and large statue of their mascot, "Pedro".
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