OH nursing home trust fund bonds.
From $100. Enter your amount.

When an Ohio nursing home manages residents’ money, ORC 3721.15 requires it to secure those funds — a surety bond is the usual way. Pricing starts from $100 and the application collects no credit information; the amount is sized to the resident funds you hold.

Required of a home that manages residents’ personal financial affairs under ORC 3721.15
Amount is sized to the resident funds you hold — set to assure the security of all residents’ money
From $100 — priced at 1% of your bond amount, $100 minimum — enter your bond amount for your exact price
From $100your bond amountInstantapproval for mostNo creditsection in the application
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 trust-fund bond — enter your amount, pay, and file. Here is the whole thing:

TODAY · ONLINE

Apply online

Your facility details, the bond amount that secures the resident funds you hold, and the effective date — that is the entire application. No credit section.

INSTANTLY

Issued on the spot

No waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review; if a check ever runs, it is a soft pull that never affects your score.

SAME DAY

File as your assurance of security

Hold the executed bond as the assurance ORC 3721.15 requires. Wet-ink originals mailed whenever you need them.

About this bond

What it is and who needs it.

What the trust fund bond actually covers

When an Ohio nursing home or residential care facility manages a resident’s financial affairs — holding a personal-needs allowance account or other resident funds — ORC 3721.15 requires it to purchase a surety bond or otherwise provide assurance satisfactory to the Director of Health (or, for Medicaid homes, the Medicaid Director) to assure the security of all residents’ funds it manages.

The bond is a resident-protection guarantee: it stands behind the money the home holds in trust. If a facility mismanages, misapplies, or fails to return residents’ funds, residents can recover against the bond.

It is not insurance for the home — if the surety pays a claim, the home repays the surety. The statute does not fix a dollar figure; the amount is set to secure the funds the home actually manages, so enter that figure and your exact price — from $100 — appears at the application. The application collects no credit information.

ORC 3721.15 (Department of Health / Medicaid)Ohio Revised Code 3721.15 requires a nursing home or residential care facility that manages a resident’s financial affairs to purchase a surety bond, or otherwise provide assurance satisfactory to the Director of Health (or the Medicaid Director for homes in the Medicaid program), to assure the security of all residents’ funds it manages. The statute does not set a fixed amount — it is sized to the resident funds held. Confirm the figure your home needs.

You need this bond if you are

A nursing home or care facility that holds residents’ personal-needs or trust-fund accounts
Newly managing resident funds and need to provide the required assurance of security
Replacing an expiring bond to keep your resident-fund assurance continuous
A Medicaid-participating home providing assurance satisfactory to the Medicaid Director

One application, issued on the spot.

Submit the application with the bond amount that secures your resident funds — the executed bond is generated instantly, ready to hold as your assurance.

Start the application →
FAQ

Common questions.

How much is the Ohio nursing home trust fund bond?Pricing is variable, from $100. ORC 3721.15 does not set a fixed figure — the amount is sized to the resident funds your home manages, so you enter that amount and your exact price appears at the application; pricing is 1% of that amount, with a $100 minimum.
Why does Ohio require it?Because a home that manages residents’ money holds it in trust. ORC 3721.15 requires a surety bond (or other assurance satisfactory to the Director of Health or Medicaid Director) so residents are protected if the home mismanages or fails to return their funds.
Is there a credit check?The application collects no credit information. Most applications approve instantly; if a check ever runs on a larger bond amount, it is a soft pull that never affects your score.
What amount should I choose?Size it to the resident funds your home actually manages — enough to assure their security as the statute requires. If your surveyor or the Department of Health gave you a figure, use that; send it to us and we’ll confirm.
Can I provide a different form of assurance instead?The statute allows a surety bond or other assurance satisfactory to the Director of Health or Medicaid Director. A surety bond is usually the cheapest — you pay the 3% premium rather than tying up cash to secure the funds.
Related bonds

Other Ohio bonds.

Trust fund bond, issued today.

Pricing from $100. Enter the amount that secures your resident funds and hold it the same day.

Your premiumfrom $100
Apply now →