Express Scripts - Miscellaneous Indemnity ($500,000) — required surety bond in Federal. Apply online in minutes.
An Express Scripts miscellaneous indemnity bond is a financial guarantee required by the pharmacy benefit manager (PBM) to ensure a participating pharmacy fulfills its contractual obligations. It protects Express Scripts and its network from financial losses resulting from fraud, breach of contract, or failure to remit overpayments. This bond acts as a safeguard to ensure compliance with the specific terms outlined in your pharmacy provider agreement.
This bond is generally needed by independent pharmacies, pharmacy groups, or other healthcare providers seeking to join or maintain their status within the Express Scripts pharmacy network. Applicants who have been notified by Express Scripts credentialing or contracting departments must secure this coverage to participate. Verification of your specific bond requirements should be confirmed directly with Express Scripts before applying.
Express Scripts requires this bond to mitigate their financial risk when allowing third-party pharmacies to process prescriptions and claims through their network. The bond provides a guaranteed source of funds if the pharmacy violates network rules, engages in fraudulent billing, or fails to refund audit overpayments. By mandating this coverage, the PBM ensures a high standard of accountability and protects the integrity of patient benefit funds.
To get started, simply click Apply Now to complete our secure, approximately 5-minute online application. Our team at Noah Insurance Agency will process your request and provide a tailored quote based on your specific details. Once approved and finalized, your official bond will be delivered directly to your email for quick submission.
Premiums vary based on the applicant's credit history, business financials, and the required bond limit. Apply online with Noah Insurance Agency or call us at 814-718-0060 to receive an exact quote based on your specific situation.
Yes, many applicants with less-than-perfect credit can still be approved through specialized programs. Underwriting considers multiple factors, though final requirements and rates will vary, so we recommend applying online to see your options.
Approval times vary depending on the complexity of your application and the required underwriting review. Completing our secure online application provides the fastest path to receiving your exact terms and finalized bond documents.
Yes, this bond typically requires periodic renewal to maintain active compliance with Express Scripts. Noah Insurance Agency will proactively notify you when your renewal is approaching so you can avoid any lapse in your network status.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
Noah Insurance Agency · Licensed Nationwide