LA nursing home resident fund bonds.
Flat 3%. Enter your amount.

When a Louisiana nursing facility accepts and manages residents’ personal funds, it must post a bond protecting those funds. We issue it at a flat 3% with no credit check — the amount tracks the most resident money you hold, so enter that figure and the premium updates.

Required when a facility accepts and manages resident funds — mirrors the federal Medicaid/Medicare safeguard
Amount equals the greatest of resident funds held over the year — looking back and forward
Flat 3%, no credit pull — enter your required bond amount and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

No underwriting queue for the standard resident fund bond — enter your amount, pay, and file. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

Your facility details, the peak resident-fund figures, and the effective date — that is the entire application.

INSTANTLY

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.

SAME DAY

File with the Louisiana Department of Health

Submit the executed bond as the Department of Health requires for facilities that manage resident funds. Wet-ink originals mailed whenever the state insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the most resident funds your facility holds and the premium updates.

$10,000 bond
$300
$25,000 bond
$750
$50,000 bond
$1,500
About this bond

What it is and who needs it.

What the resident fund bond actually covers

A nursing facility that holds money for its residents — Social Security checks, spending accounts, personal-needs funds — acts as a fiduciary for vulnerable people. Both federal nursing-home rules and Louisiana’s licensing framework require the facility to protect those resident funds with a surety bond or equivalent security.

The bond amount is not fixed — it tracks the money you actually hold. The standard measure is the greatest of the maximum resident funds managed at any point in the past year, or the estimated maximum for the coming year, whichever is larger. The application asks for both figures and bonds to the higher one.

If a facility mismanages or fails to account for resident funds, the bond stands behind the residents and their estates. It is not insurance for the facility — if the surety pays a claim, the facility repays the surety. We issue the amount your figures call for at a flat 3% with no credit check.

Federal 42 C.F.R. 483.10 + Louisiana DHH licensingFederal Medicare/Medicaid rules (42 C.F.R. 483.10) and Louisiana Department of Health nursing-facility licensing require a facility that accepts and manages resident funds to maintain a surety bond, or otherwise assure the security of those funds, sized to the most resident money the facility holds during the relevant period. Confirm the exact figure and filing requirement with the Louisiana Department of Health for your facility.

You need this bond if you are

A nursing facility holding resident funds — personal-needs or spending accounts
A new long-term care facility electing to manage resident money
Renewing your facility license and re-filing the resident-fund security
Adjusting your bond amount after a change in the funds you hold

Five minutes, issued on the spot.

Submit the application with your peak resident-fund figures — the executed bond is generated instantly, ready to file.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Louisiana resident fund bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself tracks the most resident funds your facility holds — the greater of the past year’s peak or the coming year’s estimated peak. Enter that figure and the quote updates.
Why is the amount not fixed? +
Because it protects the actual money you hold. A facility managing $15,000 of resident funds needs a smaller bond than one holding $200,000. The application captures both your historical peak and your projected peak and bonds to the higher one.
Is there a credit check? +
No — the resident fund bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
Do all nursing homes need this? +
Only facilities that elect to accept and manage residents’ personal funds. A facility that holds no resident money does not need the bond — but most do hold spending accounts, so most carry it.
Where do I file it? +
With the Louisiana Department of Health, as part of your facility licensing. We issue the executed bond ready to submit; confirm the current filing form with the Department.
Related bonds

Other New York bonds.

Resident fund bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter the most resident funds you hold and file the same day.

Your premium @ 3%$750
Apply now →