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The Florida Medicaid Provider Bond is required by Florida’s Agency for Health Care Administration. This is a type of surety bond and the minimum bond amount is$50,000.

You need a Florida Medicaid Provider Bond if:

  • You are a healthcare provider who accepts Medicaid payments in Florida.
  • You are reimbursed on a fee-for-service basis or fee schedule basis that is not cost-based.

The bond is required by the Florida Agency for Health Care Administration (AHCA) as a condition of enrollment as a Medicaid provider. The bond protects the state and Medicaid beneficiaries from financial losses if the provider fails to meet its obligations, such as:

  • Billing Medicaid for services that were not provided or were not medically necessary.
  • Overcharging Medicaid for services.
  • Failing to pay Medicaid for required copayments or deductibles.
  • Failing to provide services to Medicaid beneficiaries in accordance with their Medicaid benefits.

Florida Medicaid Provider Bond

To be a Medicaid provider in Florida, you must meet the following general requirements:

  • Be fully operational.
  • Be located in Florida or no more than 50 miles from the Florida border, unless otherwise specified in Florida Medicaid policy.
  • Meet all applicable provider licensure and certification requirements.
  • Be in good standing with the Florida Department of Health and the Florida Division of Medicaid.
  • Have a valid National Provider Identifier (NPI).
  • Have a valid Florida Medicaid Provider Enrollment Number (PEN).
  • Provide a Florida Medicaid Provider Bond
  • Be able to provide all medically necessary services in a timely and efficient manner.
  • Be able to bill and collect Medicaid payments electronically.
  • Agree to comply with all Florida Medicaid program rules and regulations.

To enroll as a Medicaid provider in Florida, you must submit an online application through the Florida Medicaid Provider Enrollment Wizard. The application process can be complex, so it is important to review the instructions carefully and to submit all required documentation.

Once your application is approved, you will be issued a PEN and you will be able to start providing services to Medicaid beneficiaries.

Here are some additional tips for becoming a Medicaid provider in Florida:

Where can I get a Florida Medicaid Provider Bond?

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

  1. Complete the easy to navigate and secure online application1
  2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
  3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Florida Medicaid Provider Bond will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license. 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

 

 

 

 

How to Get Your Florida Medicaid Provider Bond

  1. Complete an online application. It’s free and no-obligation.
  2. One of our surety experts will contact you with a firm quote and an agreement to sign.
  3. Provide payment and your signed agreement, and then you will receive your Surety Bond!

If you have any questions, please call us at 877-654-2327.

How to Get Bonded

1. Apply Online
Using our Free & Secure Application
2. Get Your Free Quote
Applications are No-Obligation
3. Get Your Bond
Most Bonds are Approved in 1-2 Business Days

Surety Bond Experts

Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.

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