Oklahoma discount medical plan organization bonds.
From $700.
To register as a discount medical plan organization (DMPO) in Oklahoma, you must maintain a surety bond with the Insurance Department of at least $35,000. Premiums start from $700 — no credit check up to $10,000; enter the amount the Department requires to see your exact price.
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How much does an Oklahoma discount medical plan organization bond cost?
2% of the bond amount, from $700 at the $35,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard DMPO bond — enter your amount, pay, and file with the Insurance Department. Here is the whole thing:
Apply online
Your organization details, the bond amount the Department requires, and the effective date — that is the application.
Issued on the spot
No credit check up to $10,000, so most applicants approve instantly and the executed bond is generated as soon as you pay. Above $10,000, a soft pull may add a short review.
File with the Insurance Department
Submit the executed bond with your DMPO registration to the Oklahoma Insurance Department. Wet-ink originals mailed whenever the Department insists.
What it is and who needs it.
What the DMPO bond actually covers
A discount medical plan organization sells consumers a membership that promises discounts on medical, dental, vision, or similar services — not insurance, but access to negotiated rates. Oklahoma regulates these organizations through the Insurance Department under 36 O.S. §1219.4.
As a condition of registration, a DMPO must maintain a surety bond of at least $35,000 with the Insurance Department. The bond provides financial security for enforcement of the registration law and protects members and the state if the organization fails to meet its obligations.
The Insurance Department can require more than $35,000 on a case-by-case basis. Whatever amount applies to your registration, we issue the bond from $700, priced at the application; no credit check up to $10,000 — file the figure the Department names.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Insurance Department. Submit the executed bond with your DMPO registration to the Oklahoma Insurance Department. Wet-ink originals mailed whenever the Department insists.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your required bond amount — the executed DMPO bond is generated instantly, ready to file with the Insurance Department.
Start the application →Common questions.
Other Oklahoma bonds.
Price and requirements checked on the carrier’s application, . Page updated .
DMPO bond, issued today.
From $700. Enter your required amount and file with the Insurance Department the same day.