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Texas resident trust funds bonds.
From $100.
A Texas nursing facility that holds residents’ personal money must safeguard it — and a surety bond is one accepted way. Filed with HHSC on Form 3698 under 26 TAC §554.405, the bond is sized to your resident trust account. Pricing is 1% of the bond amount, with a $100 minimum.
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Three steps. One sitting.
No underwriting queue for the standard resident trust bond — enter your amount, pay, and file with HHSC. Here is the whole thing:
Apply online
Your facility details, the bond amount (your average monthly trust balance), and the effective date — that is the entire application.
Issued on the spot
No waiting — most applications approve instantly and the executed bond is generated as soon as you pay.
File with HHSC
Submit the executed bond on Form 3698 to satisfy the resident-funds security requirement for your facility or Medicaid contract. Wet-ink originals mailed whenever the agency insists.
What it is and who needs it.
What the resident trust bond actually covers
Many nursing-facility residents keep a small personal account at the facility — for haircuts, sundries, and pocket money — and the facility holds that money as a fiduciary. HHSC requires a Medicaid-certified facility to secure those funds, and a surety bond is one accepted form of security under 26 TAC §554.405.
The bond is filed with HHSC on Form 3698, and the amount is tied to the money actually at risk: generally the average monthly balance of the facility's resident trust fund account(s) over the 12 months before issuance or renewal. As your resident population and balances change, you update the bond at renewal.
It protects residents (and their families and the state) against loss of those personal funds if the facility fails to account for them. If the surety pays a valid claim, the facility repays the surety. We issue the amount your trust balance requires, priced from a $100 minimum with the application collecting no credit information.
You need this bond if you are
One application, issued on the spot.
Submit the application with your required bond amount — most applications approve instantly, and the executed bond is generated on Form 3698, ready to file with HHSC.
Start the application →Common questions.
Other Texas bonds.
Resident trust bond, issued today.
Pricing from $100. Enter your average monthly trust balance and file with HHSC the same day.