Hello, I have opened a Medical Equipment Company. I do not have a Medicare Number and I have to turn away a lot of business. I have followed all the guidelines so I can apply for a Medicare billing #. First getting a NPI #. Medicare states that any DME company with a NPI # must have a Surety Bond of $50,000 by Oct, 2009. I applied for a Surety Bond and was denied for two reasons. First I was denied because in the application it asks for our NPI # and our Medicare #. We do not have a Medicare number yet and need a bond to apply. My first application was denied because I did not provide a Medicare #. The second time I applied at another company I wrote a letter stating we do not have a medicare billing number yet. They then asked the % of rentals for DME from Medicare, I put 0% since we do not have a medicare #. "Denied again" Then I was denied for not having the best credit score. My question is should I apply again at another bond company?
Thank you,

Quantummedeq,

It has been manu months since your post and I hope that you got the bond for your business.

You should definitely keep looking, you shouldn't give up. What companies have rejected you? If you don't have the best credit, next time you apply, try to find a co-signer and submit the co-signer's app with yours.

Alex Lakshtanov
Advanced Surety & Insurance Agency
Phone: (818) 269-7596
Fax: (818) 827-1768
[email protected]
Insurance Broker/Agent License# 0G21229