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Indiana Medicaid transportation bonds.
From $1,000. 3-year term.

Indiana requires most for-profit Medicaid (IHCP) transportation providers to file a surety bond to enroll — a $50,000 minimum, three-year bond under IC 12-15-11-2.5. Pricing is 2% of your bond amount — enter your amount in the calculator for your exact price — and this bond is written for a 3-year term.

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Required to enroll under IC 12-15-11-2.5 — for-profit ambulatory, non-ambulatory, and taxi transportation providers
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$50,000 minimum, 3-year term — the state sets a floor; some providers post more
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2% of the bond amount — the application collects no credit information; enter your bond amount and apply to see your exact price
2% of bond amount$1,000 at the $50,000 minimumNo SSNin the application3-yearstatutory term
Trusted by industry leaders
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McKinney Properties
Terra Capital
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Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Apply to enrolled in one sitting.

No broker phone tag — enter your amount, pay, and file the executed bond with your IHCP enrollment. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, your provider Tax ID, your county, the bond amount, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

Most applications approve instantly — the application collects no credit information, so there is no waiting on that step. Larger amounts may get a quick review.

SAME DAY

File with your IHCP enrollment

Submit the executed three-year bond with your Indiana Health Coverage Programs provider enrollment or revalidation. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Indiana enrolls Medicaid providers through the Indiana Health Coverage Programs (IHCP). Under IC 12-15-11-2.5, certain for-profit transportation providers — ambulatory, non-ambulatory, and taxi specialties — must file a surety bond to be eligible to enroll, revalidate, or report a change of ownership.

The bond is a guarantee to the state, not insurance for you. By statute, the surety is liable for a duplicate, erroneous, or false Medicaid claim the state paid, and must pay the office within 30 days of written notice. If the surety pays, you repay the surety.

The statutory minimum is $50,000 and the term is three years. Some providers — such as 501(c)(3) nonprofits and certain hospital- or pharmacy-controlled providers — are exempt under IC 12-15-11-2.5(b); confirm your specialty code and exemption status before you buy.

IC 12-15-11-2.5Indiana Code 12-15-11-2.5 conditions enrollment of certain for-profit Medicaid transportation providers on a surety bond of at least $50,000 for a three-year term, under which the surety is liable for duplicate, erroneous, or false claims the state paid. Specific specialty codes are covered and several provider types (including 501(c)(3) nonprofits) are exempt — verify your status against the IHCP surety bond requirements before applying.

You need this bond if you are

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Enrolling as a for-profit transportation provider in the IHCP under a covered specialty code
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Revalidating your IHCP enrollment and the bond is part of your packet
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Reporting a change of ownership or a purchase or transfer of assets
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Unsure whether you are exempt — send us your specialty code and we will help you confirm

One application, issued on the spot.

These are the actual issuing fields — including your provider Tax ID and county. The application collects no credit information.

Start the application →
FAQ

Common questions.

How much is the Indiana Medicaid transportation bond?Pricing is 2% of your bond amount. The statutory floor is $50,000; enter your amount and apply to see your exact price.
Do I pay the $50,000?No. You pay the 2% premium. The $50,000 is the surety's maximum liability to the state for duplicate, erroneous, or false claims — it is not a deposit, and nobody holds your money.
Why does Indiana require it?Under IC 12-15-11-2.5, the bond protects the Medicaid program: if the state pays a duplicate, erroneous, or false claim, the surety must reimburse the office within 30 days of written notice. It guards public funds against billing abuse by transportation providers.
Am I exempt?Possibly. IC 12-15-11-2.5(b) exempts certain providers, including 501(c)(3) nonprofits and some hospital- or pharmacy-controlled providers. Check your specialty code against the IHCP surety bond requirements — or send it to us and we will help you confirm before you buy.
Is there a credit check?Not on this bond — the application has no credit section. The executed three-year bond issues on payment.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Finish your IHCP enrollment today.

From $1,000, three-year term. Enter your bond amount and file the executed bond the same day.

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