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The Florida Medicaid Provider Surety Bond is in place to ensure the Principal (Medicaid provider) is compliant with the Medicaid provider agreement pursuant to Florida Statutes, Section 409.907. By posting the surety bond the Principal is guaranteeing it will pay the state any and all required fees it incurs.
The Florida Medicaid Provider Surety Bond is required to be posted by the Florida Agency for Health Care Administration in pursuant to Florida Statutes, Section 409.907. Therefore, the Obligee on the bond is the State of Florida, Agency for Health Care Administration (AHCA).
Florida Medicaid Provider Surety Bonds run continuously from the effective date and remain in full force for one year unless the bond is canceled or the Medicaid provider agreement expires. The surety bond may be canceled by the Obligee (AHCA) by giving 60 days written notice to the Surety. The Surety may also terminate the bond by giving 60 days written notice to the Obligee. A new bond will need to be posted each year based on the amount billed to the Medicaid program.
Contact The ProSure Group. As surety bond experts in business for over 23 years in Florida, The ProSure Group has issued numerous Medicaid Provider Bonds and has partnerships with more than 30 different surety companies. This ensures that we get you the best, most competitive pricing and terms available in the marketplace. You just need to complete our simple application and one of our specialists will quickly contact you.
Medicaid providers must enroll online using the Florida Medicaid Web Portal. The application and all supporting documents are submitted electronically. Once approved, providers are issued a 9-digit Medicaid provider number which will be required to obtain the surety bond.
|License||Florida Medicaid Provider Surety Bond||Agency for Health Care Administration
||$50,000 or more||Get Bonded Now|