SC discount medical plan bonds.
$1,500 flat. Soft pull.
South Carolina requires a discount medical plan organization (DMPO) to maintain a $50,000 deposit with the Department of Consumer Affairs — and a surety bond satisfies it, under S.C. Code 37-17-40(A)(3). Ours is $1,500 flat, 3% of the bond amount, identical for every organization. One soft credit pull, never your score.
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Three steps to registered.
Your DMPO registration is waiting on the deposit. Here's the bond route, end to end:
Apply once, online
Business details, owner information, effective date — plus a one-time consent to a soft credit pull. That is the application.
Reviewed & approved
Most clear quickly; an underwriter reaches out within 48 hours if anything else is needed. The credit check is a soft pull that never affects your score.
File with Consumer Affairs
Pay online and receive the executed special-deposit bond ready to file with the SC Department of Consumer Affairs. Wet-ink originals mailed whenever the Department insists.
The whole pricing page.
$50,000 deposit × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the deposit bond actually guarantees
South Carolina regulates discount medical plan organizations — companies that sell access to discounted health-care services for a fee — under the Discount Medical Plan Organization Act, Title 37, Chapter 17, administered by the Department of Consumer Affairs. To register, a DMPO must keep a $50,000 deposit with the Department.
Under S.C. Code 37-17-40(A)(3), that deposit may be satisfied with a surety bond instead of cash or securities. The bond is held for the sole benefit of the Department and the DMPO's members — it backs claims arising from the organization's violations of the Act.
This is a consumer-protection deposit bond, not a lender or credit obligation. It is not insurance for you — if the surety pays a claim, you repay the surety. Using the bond lets you register without tying up $50,000 in cash; we issue it at a flat 3% with one soft credit pull.
You need this bond if you are
Five minutes, one soft pull.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Most issue within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the South Carolina DMPO bond? +
Who requires this bond? +
Do I pay the $50,000? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
Satisfy the deposit with a bond, not cash.
$1,500 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.