The Nevada Health Care Facility & Services Bond is required by the State of Nevada, Department of Health and Human Services Division for Aging & Disability Services.
What is the purpose of the Nevada Health Care Facility & Services Bond and how much is the bond amount?
The bond states that the bondholder must comply with the provisions of Chapter 449 of the Nevada Revised Statutes (NRS). Together with all amendatory and supplementary acts, now and hereafter enacted, shall apply all funds received. Perform all obligations and undertakings made pursuant to the provisions of said statute, in the conduct of a facility for intermediate care, facility for skilled nursing, residential facility for groups, home for individual residential care, agency to provide personal care services in home.
The bond amount, as stated in the NRS 449.065, depends on the number of people that the facility employees . For those with less than seven employees, the amount is $5,000; for those with at least seven but not more than 25, the amount is $25,000. While those with more than 25 employees will have to secure a bond worth $50,000. This bond must be issued by a company licensed to do business within the state.
What is the process to obtain Nevada Health Care Facility & Services Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.