The Commonwealth of Kentucky Cabinet for Health Services, Division of License and Regulations, requires this surety bond under 42 CFR 483.10. The bond ensures that the bond holder will account for all residents’ funds so received and managed, and disburse or expend such funds only as requested or required under the provisions of 42 CFR 483.10 (c). The required bond amount varies, but Surety1 can easily help you determine the amount you need.
To Attain a Kentucky Patient Trust Fund Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.