AL patient trust funds bonds.
Flat 3%. Enter your amount.
If your Alabama nursing facility holds resident funds in trust and participates in Medicaid, the Alabama Medicaid Agency requires a surety bond protecting those funds — consistent with federal 42 CFR 483.10. We issue it at a flat 3%, $275 minimum, no credit check.
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Apply to issued in one sitting.
No underwriting queue for the standard patient trust funds bond — enter your amount, pay, and file. Here is the whole thing:
Apply online
Your facility details, the bond amount, and the effective date — that is the entire application.
Issued on the spot
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with the Medicaid Agency
Submit the executed bond with your nursing facility Medicaid enrollment or revalidation. Wet-ink originals mailed whenever they insist on them.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the resident trust funds you hold and the premium updates.
What it is and who needs it.
What the patient trust funds bond actually covers
Many nursing facilities manage small personal-funds accounts for residents — spending money and benefit deposits the facility holds in trust. Federal law, 42 CFR 483.10, requires a long-term care facility that manages resident funds to purchase a surety bond or otherwise assure the security of those funds.
Alabama implements that through the Alabama Medicaid Agency: a nursing facility holding resident trust funds must carry the bond to enroll and stay enrolled as a Medicaid provider (long-term care rules, Admin. Code ch. 560-X-10). The bond protects residents against mismanagement of their trust-account funds.
The amount generally tracks the total resident funds you hold, so it scales with your census and balances. If a facility misuses resident money, residents can recover against the bond — and if the surety pays, the facility repays the surety. Enter the figure the Medicaid Agency expects and we issue it at a flat 3%.
You need this bond if you are
Five minutes, issued on the spot.
Submit the application with your required bond amount — the executed bond is generated instantly, ready to file with the Medicaid Agency.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
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Other New York bonds.
Patient trust funds bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter the funds you hold and file with the Medicaid Agency the same day.