What is a Nevada Home Health Care Bond?
The State of Nevada requires home health care providers to purchase a surety bond depending on the size of the company. This bond ensure that excellent care is provided to clients. This bond also protects the professional against major liability exposures the business may potentially face.
The required bond coverage depends on the number of employees.
If the facility, agency, organization or home employs:
- Less than 7 employees requires $5,000 surety bond
- At least 7 but not more than 25 requires $25,000 surety bond
- More than 25 employees requires $50,000 surety bond