All medical professionals, including dentists, enjoyed an exemption to medical device sales regulation until now. Recently, the Centers of Medicare and Medicaid Services (CMS) enacted a new bond requirement for Dental Sleep Medicine professionals who distribute medical devices prescribed by other physicians. The new $50,000 bond requirement took effect on November 28, 2018 with the CMS requiring compliance within 60 days of notification.
Previously dentists received a physician’s exemption to the Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) accreditation requirement. As a result, no surety bond was necessary. However, this exemption was designed for self-prescribing situations. When a dentist obtained a prescription for a medical device from another medical practitioner, this action exceeded the reach of the original rule. To clarify the situation and bring dentists to compliance, the CMS modified their regulations triggering a new bond requirement.
Fortunately, obtaining the bond is easy and inexpensive. South Coast Surety offers DMEPOS bonds in all 50 states with a simple online application. Click the link below to apply and quickly get a free bond quote with the best pricing available nationwide:
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Gaby - CA
May 2019
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KG C. - CA
April 2019
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John F. - CA
September 2021
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P&C B. - CA
April 2021
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Mirwais A. - CA
March 2021
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Udo G. - NJ
January 2018
South Coast Surety has been proudly providing surety support to all fifty U.S. states for twenty years. Starting out as a small agency with a dream in San Clemente, California, we have steadily grown into one of the largest bond-only agencies in the nation. We write all commercial bonds and contract bonds for every American business and industry. Our greatest achievement is helping our clients grow their business alongside our own through coaching and obtaining larger bonding limits at the best rates. We work hard for our clients and take pride in bonding businesses that have been declined by our competitors.
