Warren Freeman with VGM Insurance answers the question, who needs the Medicare surety bond and how will someone know if they need this bond?
CMS has issued final regulations regarding its surety bond requirement for certain DMEPOS suppliers. No later than Oct. 2, 2009, suppliers must provide the National Supplier Clearinghouse with a surety bond valued at no less than $50,000.
Good explanation.
kautens 2 years ago