Tuba Guy\'s Blog Site

Many believe that the new medicare bond requirements are a real pain. The idea that the government is requiring all medical equipment providers to post a US 50,000 surety bond is not offensive in itself, but the paperwork attached to this idea is a bit outrageous in its requirements. For example, if a chain of 500 medical supply outlets buys one surety bond that is going to cover each outlet with a US 50,000 dollar bond amount as required, it must list the name, address, and NPI number for each location onto the bond. Or, if there is no desire to list all of that information onto the bond, the option is to purchase individual bonds for each location. This is outrageous when you consider that the NPI number paperwork already has this same information listed.