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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How much does an Indiana Medicaid transportation bond cost?
2% of the bond amount, from $1,000 at the $50,000 minimum. Enter your amount in the calculator for the exact price.
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:
Apply online
Your business details, your provider Tax ID, your county, the bond amount, and the effective date — that is the application.
Issued on the spot
Most applications approve instantly — no credit check up to $50,000, so there is no waiting on that step. Above $50,000, a soft pull may add a short review.
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.
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.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
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.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
These are the actual issuing fields — including your provider Tax ID and county. No credit check up to $50,000.
Start the application →Common questions.
Other Indiana bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Finish your IHCP enrollment today.
From $1,000, three-year term. Enter your bond amount and file the executed bond the same day.