Bill

Bill > HB1504


OK HB1504

OK HB1504
Health insurance; policies; compensation; liability for damages; fines; fees; creating certain policyholder rights; effective date.


summary

Introduced
02/06/2023
In Committee
04/04/2023
Crossed Over
03/21/2023
Passed
04/27/2023
Dead
Signed/Enacted/Adopted
05/02/2023

Introduced Session

2023 Regular Session

Bill Summary

An Act relating to health insurance; amending 36 O.S. 2021, Section 3624, which relates to assignability of policies; updating statutory reference; amending 36 O.S. 2021, Section 6055, which relates to insurance policies; modifying entities subject to certain policies; requiring compensation of certain entities in certain situations; creating liability for damages in certain cases; providing for certain administrative fines; providing for an opportunity for hearing; directing administrative fees to certain funds; creating certain policyholder rights; updating statutory references; and providing an effective date. SUBJECT: Health insurance

AI Summary

This bill amends existing Oklahoma laws related to health insurance policies. It updates provisions regarding the assignability of policies, modifies entities subject to certain policies, requires compensation of certain entities in certain situations, creates liability for damages in certain cases, provides for administrative fines and an opportunity for hearings, directs administrative fees to certain funds, and creates certain policyholder rights. The bill also updates statutory references and provides an effective date of November 1, 2023.

Committee Categories

Business and Industry, Labor and Employment

Sponsors (17)

Last Action

Approved by Governor 05/02/2023 (on 05/02/2023)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...