Medicare Surety Bond Requirements.

Mourer Foster
Mourer-Foster, Inc. is a full service insurance agency providing risk management solutions in surety bonds and personal & commercial lines of insurance. Mourer-Foster, Inc. has served Michigan and the nation since 1933 with a professional staff that is ready to assist you in your bonding and insurance needs.

Medicare Surety Bond Requirements.

Medicare Surety Bond Requirements


New Medicare Surety Bond Requirement

On December 29,2008 the Federal Government announced a new Surety Bond Requirement for most suppliers to the Medicare
program of durable medical equipment, prosthetics, orthotics and medical supplies (DMEPOS). The bond
amount is $50,000 per location and the bonds must be in place by May 2009 for new DMEPOS suppliers, those that
have had recent ownership changes and for new locations. All other, existing DMEPOS suppliers must have their
bonds in place by October 2, 2009.

Additional information can be found at:
http://www.palmettogba.com/Palmetto/Providers.nsf/files/nscnewsmarch2009.pdf/$File/nscnewsmarch2009.pdf.

The entire regulation relative to this bond requierment can be found at:
http://edocket.access.gpo.gov/2009/pdf/E8-30802.pdf.

Old Republic Surety Group is offering these bonds at competitive rates with a streamlined application process!

	Rates: $5 per thousand for all applicants.

	Application: PDF version: http://www.orsurety.com/Documents/2010055.pdf
	The Omniform® version is available on our Web Site (http://www.orsurety.com/index.aspx) under "Agency Access."

	Underwriting: Based on application and personal credit report for $50,000 bond. For bonds exceeding $50,000,
	include business and personal financials.

	e-SURETY: This bond is also available through our e-SURETY on-line Bond System. Find it under
	All State/Federal, Bond Class: Miscellaneous.

You may contact your local Old Republic Branch Office: http://www.orsurety.com/orslocations.aspx

This is a great opportunity! Our dedicated and professional staff is ready to answer any questions you may have.
Let ORSG assist your Medicare particpant clients, with speed and ease.

Thank you,
Old Republic Surety Group
"Surety with Service"