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Old 01-09-2009, 10:22 AM
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What exactly is a CMS Bond?
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Old 01-09-2009, 11:39 AM
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CMS is the Centers for Medicare & Medicaid Services agency.

The bond is required to help protect against fraudulent activity. Florida recently created a $50K requirement in which all FL medicare providers must be compliant by late Sept. or early Oct (depending on your est. date).


We created a section just for these applicants, as we expect a large quantity of questions related to the bond in the coming months.


Please see: http://www.cms.hhs.gov/MedicareProvi...Regulation.pdf
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Old 01-13-2009, 09:50 AM
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Quote:
Originally Posted by Admin View Post
CMS is the Centers for Medicare & Medicaid Services agency.

The bond is required to help protect against fraudulent activity. Florida recently created a $50K requirement in which all FL medicare providers must be compliant by late Sept. or early Oct (depending on your est. date).


We created a section just for these applicants, as we expect a large quantity of questions related to the bond in the coming months.


Please see: http://www.cms.hhs.gov/MedicareProvi...Regulation.pdf


Is this type of bond in any way similar to a fidelity bond since it protects against fradulent activity? Is this a new requirement?
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