What is a Texas Subscription Program Bond?
The Texas Subscription Program Bond is required by the Texas Department of Health. The bond says that the bondholder shall create and operate a subscription program or in the event of the bondholder’s insolvency or cessation of business, if the bondholder shall return all unused or unearned subscription fees or dues to subscribers in accordance with the Emergency Medical Services Act, Texas Civil Statutes, Article 4447o, (Health & Safety Code, Chapter 773) as that statue is presently worded, and as it may hereafter be amended to read. The amount of the bond is set at $50,000.
In addition to the surety bond, the following items should also be completed:
- Documents verifying volunteer status, if applicable.
- Map and description of the service area.
- A declaration of Provider Name, Ownership, organization type and profit status, address for the main location of business, and normal business hours and proof of ownership or lease.
- Declaration of the administrator of record.
- Copies of Doing Business Under Assumed Name Certificates (DBA).
- Completed EMS Personnel Form.
- Staffing plan
- Completed EMS Vehicle Form.
- Declaration of an employed medical director.
- Competed Medical Director Information Form
- Treatment and Transport Protocols
- List of equipment required
- Description of how the EMS provider will conduct quality assurance
- Attestation that its management will continue to participate in the local regional advisory council
- Plan for how the provider will respond to disaster incidents
- Copies of written Mutual Aid
- Certificate of Insurance
- Copies of vehicle titles, etc
- Documentation proving that management staff has the experience and qualification
- Letter of credit amounting to $100,000 for the initial license
How do I obtain a Texas Subscription Program Bond?
With Surety1, you will only need to pay a small percentage of the bond amount. To get this surety bond, we will need you to complete our online application form. With our quick and efficient service, your bond could be approved within just one business day. As soon as you pay the amount and sign the paperwork, we will send the surety bond via USPS Priority Mail or overnight delivery (for an additional cost). Surety1 has been issuing surety bonds in Texas since 2003 and we service all 50 states. We are also proud to maintain an A+ rating with the Better Business Bureau.