Minnesota Personal Care Assistance Provider Bond Update

Minnesota Personal Care Assistance Provider Bond Update

In Minnesota, SB 12a provides that the amount of the surety bond and the fidelity bond required for personal care assistance providers under existing law must be calculated per location. The surety bond amount is $50,000 or $100,000 based on the provider’s Medicaid revenue in the previous year. The fidelity bond must be for $20,000.

 

 

Get a Free Quote Instantly Online

If you’re ready to get a free surety bond quote to meet this new surety bond requirement, you can simply apply online. We are the nation’s largest volume bond producer, and provide the lowest rates in the industry.

 


Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.

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