F00092 Page 2 of 2 Revised: 02/15/2023 | Effective: 02/15/2023
State of Texas Medicaid Provider Surety Bond
NPI or Tax ID: Bond Number:
Know all persons by these presents that subject to the terms, conditions, and limitations of this bond,
d/b/a
with its place of business at
City of , County of , State of , as principal,
And , a corporation organized and existing under the laws of the
State of , with its principal place of business at City of ,
County of , State of and authorized to transact a surety business in the State of Texas, as
surety, are held and rmly bound unto the Health and Human Services Commission (HHSC), an agency of the State of Texas, as
obligee in the penal sum of Fiy ousand Dollars ($50,000) for each enrolled location for a total amount of ,
for which payment principal and surety bind themselves, their heirs, executors, administrators, successors and assignee, jointly and
severally. (If bond will cover more than one enrolled location, attach a list of all locations on a separate page.)
WHEREAS, Principal is enrolled in or seeking to be enrolled in the Texas Medicaid program as a provider.
WHEREAS, pursuant to Title 1 Texas Administrative Code (TAC) §352.15, the Principal is required to provide a surety bond as a
condition of participation in the Medicaid program, and this bond is provided in compliance with the provider’s obligations as set forth
in this authority.
NOW THEREFORE, the condition of this Bond is that if the Principal shall pay the Obligee any uncollected overpayments (as this term
is dened by Title 42 Code of Federal Regulations (CFR) §433.304), then the Bond shall be null and void, otherwise to remain in full
force and eect, subject, however, to the following:
1. Principal and Surety are liable under this Bond for only the amount of any uncollected overpayments for which the Principal is
responsible and for which subject to Paragraph 8, are determined during the term of the bond.
2. Surety agrees to pay a claim within 30 days of receiving written notice of the claim and sucient evidence to establish Surety’s
liability under this Bond.
3. HHSC is the sole Obligee of this Bond, and no action may be brought on it by, or for the use or benet of, any person or entity
other than HHSC, its contractors, or designated agent.
4. Regardless of the number of years this Bond is in eect, the number of premiums paid, or the number of claims made, the Surety’s
aggregate liability shall not be more than the penal sum of this Bond.
5. e Surety’s liability under this Bond shall not be aected, diminished, or concluded by any action by the Principal or the Surety to
terminate, reduce, or limit the scope or term of the bond; by any action by the Principal to cease operation, sell or transfer any assets
or ownership interest, le for bankruptcy, or fail to pay the Surety; or by the Principal’s failure to exercise available appeal rights
under Medicaid or CHIP.
6. Subject to Paragraph 8, the Surety’s liability under this Bond shall terminate and the Surety shall have no further liability upon the
eective date of cancellation or expiration of this Bond by the Surety or Principal in accordance with Paragraph 7 of this Bond.
7. e Surety or Principal may cancel this Bond by providing written notice of such cancellation to the Obligee. Cancellation or
expiration shall be eective 30 days aer notice of cancellation is sent to the Obligee’s contractor provided such notice is actually
received.
8. In the event the Principal’s participation in the Medicaid program is terminated or this Bond is cancelled or expires, and the
Principal fails to submit a new bond to the Obligee, the Surety remains liable for uncollected overpayments that occurred during the
term of the bond for 2 years following the eective date of cancellation or expiration of this Bond.
is Bond is eective . Signed and dated this day of , 20 .
Provider’s Name: Surety Name:
Authorized Representative: Authorized Power of Attorney:
Signature: Signature:
Title:
(Provider’s Name)
(Provider’s Physical Address)
(Surety Name)
(Surety Address)