New Lower Rates on DMEPOS Surety Bonds at Surety1

Sacramento, CA (PRWEB) September 30, 2013

The $50,000.00Medicare surety bond required by the federal government is now available for an annual premium as low as $250.00**. This rate is available by applying on-line at surety1.com and approvals can be obtained within 24 hours.

In 2008, The Centers for Medicare & Medicaid Services (CMS) announced a requirement of suppliers of durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) to obtain a surety bond as a requirement to be accredited. These bonds are typically required to be in the amount of $50,000, although the bond can be written for higher amounts if required by the obligee due to perceived risk and if the business has multiple locations. The only exceptions on the requirement to obtain the bond is suppliers providing drug and pharmaceuticals only to physicians.

With these new low rates, now would be a perfect time to obtain a quote from Surety1.

Surety Solutions Insurance Services, Inc. (Surety1) is an independent insurance agency based in Rancho Cordova, California and licensed in all fifty states. Surety1 specializes in the placement of surety bonds and other specialty insurance products. For more information on obtaining a bond, contact Surety Solutions through its website, surety1.com, by calling toll-free, 877-654-2327, or by e-mailing info(at)surety1(dot)com.

** subject to underwriter approval

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