The Texas Discount Health Care Program Operator Surety Bond Form is a legally binding document that is required for businesses operating in the state of Texas that offer discount health care services. This bond guarantees that the operator will comply with all applicable laws and regulations of the Texas Discount Health Care Program. There are two types of Texas Discount Health Care Program Operator Surety Bond Forms: the Annual Bond Form and the Contract Bond Form. The Annual Bond Form is a one-year policy that requires an operator to pay an annual premium to obtain the bond. The Contract Bond Form is a three-year policy that requires an operator to pay a one-time premium to obtain the bond. Both forms require a surety or insurance company to guarantee the operator's compliance with the terms of the bond.