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Indiana Medicaid Transportation Provider Bond

Indiana Medicaid Transportation Provider Bond

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Who Requires the Medicaid Transportation Provider Bond and Why Is It Needed?

A Medicaid Transportation Provider Surety Bond is a type of surety bond required by the State of Indiana, Family and Social Services Administration, Office of Medicaid Policy and Planning (OMPP). This surety bond coverage is set at a minimum amount of $50,000 and a term of three years. A copy of the bond surety is to be included with the IHCP provider enrollment application for newly enrolling transportation providers, changes of ownership of a currently enrolled transportation provider, and purchases or transfer of assets of a currently enrolled transportation provider.

Applicants may also be required to post a federal DMEPOS (Durable Medical Equipment Provider) Surety Bond.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Indiana Medicaid Transportation Provider Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

What Does the Bond Protect Against?

The Medicaid Provider Surety Bond provides protection against duplicate, erroneous, or false Medicaid claims paid by the OMPP or is fiscal agent to the transportation provider during the term of the surety bond. The surety bond covers the amount of the duplicate, erroneous, or false claim that was paid by the OMPP or its fiscal agent to the transportation provider, plus accrued interest or assessments imposed by the OMPP against the transportation provider.

List of Indiana surety bonds.

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