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Illinois patient trust fund bonds.
From $100.
Under the Nursing Home Care Act (210 ILCS 45/2-201), a long-term care facility that holds and manages residents' money must guarantee those funds, and this surety bond, filed with the Illinois Department of Public Health, provides that guarantee. It is sized to the resident funds you hold. Pricing is 1% of the bond amount, $100 minimum.
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Three steps. One sitting.
No underwriting queue for the standard patient trust bond — enter your amount, pay, and file with IDPH. Here is the whole thing:
Apply online
Your facility details, the bond amount covering the resident funds you hold, and the effective date — that is the entire application.
Issued on the spot
The application collects no credit information, and most facilities have no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with IDPH
Submit the executed bond, together with Schedule A, to the Illinois Department of Public Health, Division of Long-Term Care Quality Assurance. Wet-ink originals mailed on request.
What it is and who needs it.
What the patient trust bond protects
Under the Nursing Home Care Act (210 ILCS 45/2-201), if a facility elects to accept and manage some or all of its residents' personal funds, it must purchase a surety bond — or otherwise provide self-insurance or another approved assurance — guaranteeing the security of those funds. The bond protects residents and their families against loss from the facility's mishandling of the money it holds in trust.
The bond is filed with the Illinois Department of Public Health, Division of Long-Term Care Quality Assurance, on the state's resident-fund surety bond form together with Schedule A. It is continuous and can be terminated by the surety only on 30 days' written notice to the facility, with a copy to IDPH.
There is no single statewide dollar figure — the bond is expected to be adequate for the trust funds your facility actually holds, so it scales with the money under management. Enter the amount that covers your resident funds and see your price; the application collects no credit information.
You need this bond if you are
One application, issued on the spot.
Submit the application with the amount covering your resident funds — the executed bond is generated instantly, ready to file with IDPH alongside Schedule A.
Start the application →Common questions.
Other Illinois bonds.
Patient trust fund bond, issued today.
From $100. Enter the amount covering your resident funds, see your price, and file with IDPH the same day.