Summary time:
The Kansas Health Care Card Supplier ($50,000) Bond is required for any business engaged in offering healthcare discount cards in Kansas. Under state statute K.S.A. 50-1,101(b), this surety bond ensures that the supplier will abide by the regulatory framework established under the Discount Card Act and other related statutes. The bond amount is set at $50,000 and serves to protect consumers and the state in the event the supplier engages in deceptive advertising, fails to honor services promised, or otherwise violates the law. Once issued, the bond remains in effect for one year and may only be cancelled after providing proper notice. This requirement promotes accountability and safeguards the public by ensuring compliance and offering recourse in case of supplier misconduct.
Updated: February 2026
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What is a Kansas – Health Care Card Supplier ($50,000) Bond?
Businesses have a responsibility to file a $50,000 bond with the obligee when they’re activated for their licenses. The business must pay and submit this amount which will be transferred to a surety company; that’s how public funds are compensated in case of damages from licensed businesses breaking licensing laws.
Do you need a Health Care Card Supplier ($50,000) Bond?
Swiftbonds provides a variety of bond types to meet the needs of our clients. Our bonds are affordable and easy to apply for. We offer a wide range of coverage options with flexible terms and conditions so you can get the right bond for your situation.
If you need help finding the right type of bond or have any questions about our products, please contact us at (913) 214-8344 or email [email protected]. We’re here to answer all your questions!
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Why is the Kansas – Health Care Card Supplier ($50,000) Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Get a Kansas – Detective or Detective Agency Bond.
How does a Kansas – Health Care Card Supplier ($50,000) Bond work?
Getting a Kansas – Health Care Card Supplier ($50,000) Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. Have a Kansas – Hunting and Fishing License and Permit Bond.
How much does a Kansas – Health Care Card Supplier ($50,000) Bond cost?
Kansas – Health Care Card Supplier ($50,000) Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a Kansas – Health Care Card Supplier ($50,000) Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies’ bonds. Need a Kansas – Notary Public ($7,500) 4 year term Bond.
How to get your Kansas – Health Care Card Supplier ($50,000) Bond?
Would you like to know the first step in getting your Kansas – Health Care Card Supplier ($50,000) Bond? It’s super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. See a Kansas – Liquid Fuels Carrier ($1,000) Bond.
Frequently Asked Questions
What is the Kansas Health Care Card Supplier ($50,000) Bond and who needs it?
The Kansas Health Care Card Supplier ($50,000) Bond is a surety bond required by the state for any business that markets, promotes, advertises or distributes health care discount cards. This bond ensures that the business will comply with the state’s Discount Card Act and related regulations. Suppliers must maintain the bond while they operate to safeguard consumers and protect against violations of the law.
How is the bond amount determined and why is it set at $50,000?
The required bond amount is $50,000, as mandated by statute. The amount reflects the significance of financial protection needed for consumers and the state if a card supplier fails to honor its obligations, misrepresents services, or otherwise violates the licensing statute. By setting the bond at this level, the state provides a meaningful deterrent and remedy.
What obligations does the supplier commit to under the bond terms?
By securing the bond, the supplier agrees to abide by the legal requirements, including accurate advertising, transparency of discount card terms, proper contracting with network providers, and fulfillment of marketing promises. Failure to perform these obligations can result in a claim against the bond and legal liability for the supplier.
How long must the bond remain active and what must happen for cancellation?
The bond must remain in full force for the period the business is licensed as a health care card supplier. Cancellation by the surety requires written notice to the state’s Secretary of State – and the supplier must file replacement security to avoid losing the license. The continuity ensures the public remains covered during the entire licensing period.
What happens if a consumer or the state brings a claim against the bond?
If a supplier violates the law—such as misleading consumers or failing to perform contractually—the damaged party or the state’s Attorney General may file a claim against the bond. The surety can pay up to the bond amount on valid claims, and the supplier is liable to reimburse the surety. This mechanism provides financial recourse for injured parties and holds the supplier accountable.