A patient trust bond is a fiduciary type coverage guaranteeing patient’s personal funds will be disbursed in an appropriate and ethical manner. This type of commercial surety bond is required by facilities or other healthcare businesses that provide patients with needed healthcare services, either at their facility or at a patient’s home.
Also referred to as “Medicare Bonds” or “Medicaid Bonds”
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Current Market for Patient Trust Bonds: Currently, the market for patient trust bonds is rather strong, due in large part to the relatively low risk associated for the particular bond type. Many bonding companies are more than willing to write these bonds at very competitive rates.
About Our Programs: Our agency currently offers programs for patient trust bonds that can meet the needs of just about any principal, regardless of credit history.