Express Scripts Pharmacy Bond

Arizona Express Scripts Pharmacy Bond

Private PBM network surety — amount set by Express Scripts credentials

Express Scripts and similar PBM networks may require a pharmacy surety bond as a credentialing condition. This is a private obligee bond, not an Arizona statute schedule.

Overview

What Is a Arizona Express Scripts Pharmacy Bond?

An Express Scripts pharmacy bond is private-network surety required by the PBM as a condition of network participation.

Key Provisions
  • Guarantees compliance with Network provider agreement - Express Scripts credentialing requirements
  • Protects the obligee named on the Arizona bond form
  • Remains subject to the penal sum and bond conditions
Surety Obligation Overview

What Does This Bond Guarantee?

The surety bond guarantees that the principal will perform the duties required under Network provider agreement - Express Scripts credentialing requirements up to the penal sum.

Principal
The party required to obtain the bond and perform the underlying obligation.
Obligee
Express Scripts or affiliate named on the bond form
Surety
The company issuing the bond and guaranteeing the obligation to the obligee.

When a claim may arise

A claim may arise if the principal fails to comply with the bonded Arizona obligation or causes covered loss to the obligee or protected parties.

If a claim is valid

If a claim is valid, the surety may pay up to the bond penalty according to the bond terms; the principal remains liable to reimburse the surety.

Scope of the Obligation
  • Comply with Network provider agreement - Express Scripts credentialing requirements
  • Satisfy Express Scripts or affiliate named on the bond form filing conditions
  • Maintain the bond for the required term
Bond terms

Bond summary

Amount, premium, term, and the authority that requires this filing.

Eligibility

Who Needs This Bond?

Arizona pharmacies directed by Express Scripts (or a pharmacy services administrative organization) to post network surety need this bond.

Who Is Required to File
  • Applicants required by Express Scripts (private obligee)
  • Arizona businesses renewing or expanding licensed activity
  • Out-of-state firms filing into Arizona markets
Requirements

What You Need to Apply

Use the exact penal sum and form language in the Express Scripts or PSO credentialing packet.

Required Documentation
  1. Legal entity name matching the license or filing
  2. Bond amount: Set by Express Scripts credentialing packet (private obligee)
  3. Arizona obligee form or statute citation
  4. Owner or officer identification for underwriting
Filing

How this filing works

  1. 01

    Confirm the Arizona requirement

    Share your license type, court order, or obligee form and the exact penal sum required by Express Scripts (private obligee).

  2. 02

    Underwrite and price

    We review credit and filing details, then quote premium options through licensed surety markets.

  3. 03

    Issue and file

    Once approved, we issue the bond for delivery to Express Scripts or affiliate named on the bond form or for your Arizona filing package.

FAQ

Frequently Asked Questions

What is the required amount for an Arizona express scripts pharmacy bond?

The amount is Set by Express Scripts credentialing packet (private obligee), as set under Network provider agreement - Express Scripts credentialing requirements and confirmed with Express Scripts (private obligee).

Who is the obligee on an Arizona express scripts pharmacy bond?

The obligee is typically Express Scripts or affiliate named on the bond form. Always match the exact name on the Arizona form.

How long does it take to get the bond?

Many Arizona filings can be underwritten the same day when documents and credit are complete; complex amounts may take longer.

Does bad credit prevent approval?

Not always. Premium and collateral options vary by credit and bond size — ask for markets that still write the risk.

How do I renew the bond?

Most bonds renew on the term shown (1 Year). Keep continuity so your Arizona license or filing does not lapse.

Next step

Ready to file this bond?

We’ll match the requirement and route the application.

Apply for this bond

Or call (877) 477-7578