VGM Insurance announced that it will provide the $100,000 bid surety bonds required by the Centers for Medicare & Medicaid Services (CMS) for the 2028 durable medical equipment, prosthetics, and orthotics supplies (DMEPOS) competitive bidding program round. The bid window is expected to open this year.
The company said the offering gives O&P and home medical equipment suppliers support to participate in the next round of bidding. The bid bonds are issued through Lexon Insurance Company, VGM’s surety carrier partner, which is included on the CMS list of accepted surety bond providers.
