DMEPOS Surety Bond
The Center for Medicare and Medicaid Services - The CMS - is responsible for enrolling individuals and businesses to sell Durable Medical Equipment, Prosthetics/Orthotics and Supplies. There's a lot to sort out when enrolling as a supplier. One of the requirements is purchasing a surety bond called a DEMPOS surety bond for each National Provider Identifier (NPI).
Learn what this bond is, why it's required, and how to purchase it, potentially saving hundreds of dollars.
- 00:47 - Video agenda
- 01:11 - What is a surety bond?
- 01:21 - The promises a DME supplier makes
- 01:46 - What does a DME bond protect against?
- 02:06 - Examples of fraudulent actions a DME supplier can commit
- 02:44 - What is the bond amount?
- 03:15 - What does a DME supplier bond cost?
- 03:32 - Factors that effect the cost of a DME supplier bond
- 04:14 - Example rates and pricing
- 04:58 - Purchasing your DME supplier bond
- 05:27 - Renewing your DME supplier bond
- 06:27 - Get your free DME supplier bond pricing
Wondering how to become a DME supplier? Want to supply medical equipment to your community? Here’s what you need to know.
How Long Does It Take To Get A Surety Bond?
Learn what a surety bond is, how to get a surety bond, and the difference between a surety bond and business insurance.
What's a Surety Bond And Why Is It Required?
This short video will break down what a surety bond is so you understand why it's required and how much it will cost.
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