This surety bond, also known as the Medicaid bond, is required by the State of New York Department of Health. The required bond amount is $50,000 and ensures that the bondholder will pay the Department of Health all funds due according to Title 18 NYCRR Part 517 or Title 18 NYCRR Part 515. To determine the cost of this bond, simply complete our easy online application.
To Obtain a New York Pharmacy Financial Security 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.