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DME BONDS
If you’re enrolling as a new Medicare DMEPOS supplier, or renewing your existing enrollment, you’ll need a $50,000 DME Bond for each practice location. The Centers for Medicare & Medicaid Services (CMS) requires this surety bond as part of Medicare enrollment for suppliers of durable medical equipment, prosthetics, orthotics, and supplies.
DME Bond Details
| Bond Amount | $50,000 minimum per practice location (an additional $50,000 bond is required for each additional practice location) |
| Who Needs the Bond? | DMEPOS suppliers enrolling in Medicare |
| Obligee | Centers for Medicare & Medicaid Services (CMS) |
| Bond Term | One or two years, depending on your program |
Who Needs a DME Bond?
You need this bond if you’re applying for your first Medicare DMEPOS supplier enrollment, renewing an existing one, or adding a new DMEPOS practice location. A few exemptions apply; see our full DMEPOS Bond guide for the complete list, or contact us and we’ll help you confirm.
How Much Does a DME Bond Cost?
This DME Bond starts as low as $438 for a two-year term, and we offer other programs as well, so there’s an option for nearly every applicant. Your final premium depends on factors like your credit, net worth, and business experience.
At American Surety Bonds Agency, we work with a wide array of markets, from preferred clients to non-traditional clients and everyone in between, to help find the right rate for your DME Bond.
How Do I Apply for a DME Bond?
Getting your DME Bond through American Surety Bonds Agency is simple.
- Complete the online application for the DME Bond.
- Our underwriting team will review your application and contact you if any additional information is needed.
- Review your approval and pay to finalize your bond.
- Receive your completed DME Bond to submit with your Medicare enrollment or revalidation.
With your bond in place, you’ll be ready to keep your Medicare DMEPOS enrollment in good standing.
Why Choose American Surety Bonds Agency?
American Surety Bonds Agency has been helping businesses meet their surety bond requirements for decades. Whether you’re applying for your first license or renewing an existing one, our experienced team is here to help make the bonding process simple and efficient.
When you choose American Surety Bonds Agency, you’ll receive:
- Experienced surety bond professionals
- Competitive rates from leading surety companies
- Fast underwriting and responsive customer service
- A secure online application process
- Assistance throughout the bonding process
Above all, our goal is to make the bonding process straightforward, so you can move forward with confidence.
Frequently Asked Questions
| What is a DME bond? | A DME bond, also called a DMEPOS Bond, is a $50,000 surety bond CMS requires before it will enroll a Durable Medical Equipment, Prosthetics, Orthotics, and Supplies supplier in Medicare. |
| Do I need a separate bond for the state I operate in? | Possibly. Alabama, Florida, Minnesota, and Texas each require certain Medicaid providers, DME suppliers commonly among them, to carry an additional state Medicaid Provider Bond on top of this federal bond. See our State Medicaid Provider Bond Requirements guide to check your state. |
| Do I need a different bond to bid in CMS’s Competitive Bidding Program? | Yes. Bidding in CMS’s Round 2028 Competitive Bidding Program requires a separate DMEPOS Bid Bond, not this one. See our DMEPOS Bid Bond guide for current requirements. |
Ready to Get Started?
Complete our simple online application, or speak with one of our surety specialists today.
American Surety Bonds Agency proudly serves businesses nationwide with fast approvals, competitive rates, and responsive service.
Let American Surety help!
American Surety can also assist you with any of your other bonding needs, as we are licensed in all 50 states. Call us today at (404) 486-2355 or our toll-free number (877) 201-8976 or find us on Facebook, Twitter, or LinkedIn!