Cms?

[grasshopper]

What exactly is a CMS Bond?

[Admin]

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

[Bond Magician]

Originally Posted by Admin

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?