Senate Bill 510 Summary

• Requires transportation providers applying to enroll in the Medicaid program to file a surety bond with the office of Medicaid policy and planning.

• Surety bond must provide at least $50,000 in liability coverage and remain in effect for at least three years after application.

• Surety is liable for duplicate, erroneous, or false Medicaid claims paid to the transportation provider and must pay within 30 days of written notice.

• Secretary may waive the surety bond requirement if the transportation provider serves an underserved area as designated by federal or state classifications.

• Office may revoke or deny provider agreements for failure to comply with bonding requirements or if a transportation provider cancels a required surety bond.