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How much does a DMEPOS Medicare Surety Bond cost?

April 26, 2017COST dmepos medicare surety bond

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How much does a DMEPOS Medicare Surety Bond cost?

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There is not a set formula for determining the cost of a surety bond. Each bond differs in its guarantee and bond amount. In addition to the amount of the bond and its guarantee, underwriters will look at the applicant’s credit history, net worth and experience to determine the cost of the bond. Depending on the bond, the underwriter may need to see personal and/or corporate financial statements to determine the price.