CMS/DMEPOS, or Medicare, bonds are different from Medicaid bonds. If you are looking for information on Medicaid bonds, please click here: Medicaid Bonds with The Bond Exchange

A person or entity is required by the United States Centers for Medicare and Medicaid to obtain a CMS/DMEPOS (Medicare) bond if the principal is enrolled or applying to be enrolled as a supplier of durable medical equipment, prosthetics, orthotics, and supplies in the Medicare program. The Center for Medicare and Medicaid services is the sole obligee for CMS/DMEPOS/Medicare Bonds. Medicare bonds guarantee that the unpaid claims, civil money penalties, and assessments defined by law will be paid, and these bonds protect the obligee from loss and liability due to unpaid monies. 

These bonds are continuous until cancelled. The principal can request a continuation certificate upon payment of the renewal premium if desired, but the Center for Medicare and Medicaid will assume that the bond is in effect until they receive a cancellation notice.

Medicare bonds typically have a 30-day cancellation provision.

A person or entity is required by the United States Centers for Medicare and Medicaid to obtain a CMS/DMEPOS (Medicare) bond if the principal is enrolled or applying to be enrolled as a supplier of durable medical equipment, prosthetics, orthotics, and supplies in the Medicare program. The Center for Medicare and Medicaid services is the sole obligee for CMS/DMEPOS/Medicare Bonds. Medicare bonds guarantee that the unpaid claims, civil money penalties, and assessments defined by law will be paid, and these bonds protect the obligee from loss and liability due to unpaid monies. 

These bonds are continuous until cancelled. The principal can request a continuation certificate upon payment of the renewal premium if desired, but the Center for Medicare and Medicaid will assume that the bond is in effect until they receive a cancellation notice.

Medicare bonds typically have a 30-day cancellation provision.