Minnesota PCA Agency Bond: A Comprehensive Guide Minnesota requires PCA agencies to purchase both a business license bond and a $20,000 fidelity bond. This guide focuses exclusively on the requirements surrounding the business license bond. To obtain the fidelity bond, contact BondExchange directly. At a Glance: Lowest Cost: 1% of the bond amount per year …
Minnesota Medicaid DMEPOS Supplier Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Minnesota Medicaid DMEPOS Supplier bond At a Glance: Lowest Cost: 1% of the bond amount per year based on the applicant’s credit Bond Amount: $50,000 for initial enrollment applicants and suppliers that received $300,000 …
Contract Bond Underwriting: A Guide for Agents January 12, 2022 Contract bonds are an important surety bond class that contractors purchase when bidding on or entering into a contract with a project owner. The 1935 Miller Act requires contractors to become bonded on all federally funded projects costing $100,000 or more, and many states have …
Michigan Nursing Home Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Michigan Nursing Home bond At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the applicant’s credit Bond Amount: Determined on a case by case basis (more on this later) Who Needs …
Maine Medicare Provider Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Maine Medicare Provider bond At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the applicant’s credit Bond Amount: Determined on a case by case basis (more on this later) Who Needs …
Massachusetts Nursing Home Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Massachusetts Nursing Home bond At a Glance: Lowest Cost: 1% of the bond amount per year based on the applicant’s credit Bond Amount: Determined on a case by case basis (more on this later) Who Needs …
Louisiana Nursing Home Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Louisiana Nursing Home bond At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the applicant’s credit Bond Amount: Determined on a case by case basis (more on this later) Who Needs …
Kansas Health Care Card Supplier Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Kansas Health Care Card Supplier bond At a Glance: Lowest Cost: $375 per year or $38 per month based on the applicant’s credit Bond Amount: $50,000 Who Needs it: All health care card suppliers …
Kansas Long Term Care Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain a Kansas Long Term Care bond At a Glance: Lowest Cost: 0.75% of the bond amount per year based on the applicant’s credit Bond Amount: Determined on a case by case basis (more on this …
Indiana Medicaid Transportation Provider Bond: A Comprehensive Guide This guide provides information for insurance agents to help their customers obtain an Indiana Medicaid Transportation Provider bond At a Glance: Lowest Cost: 1% of the bond amount per year based on the applicant’s credit Bond Amount: At least $50,000 Who Needs it: Certain Medicaid transportation providers …
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