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Bill > SB1625
OK SB1625
OK SB1625Health insurance; requiring certain legislation to have certain impact analysis; allowing Insurance Department to contract with third-parties; requiring public access to certain reports. Effective date.
summary
Introduced
02/02/2026
02/02/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act relating to health insurance; defining terms; requiring certain legislation to have certain impact analysis; requiring Insurance Department to conduct certain analysis; requiring report to include certain information; allowing Department to contract with third party for certain purpose; allowing Department to seek certain input and advice; requiring Department to provide certain report to certain persons; requiring public access to certain report; providing for codification; and providing an effective date.
AI Summary
This bill requires that any proposed legislation impacting health insurance plans in Oklahoma, referred to as a "mandate" (meaning a requirement for plans to cover specific services, providers, or implement certain administrative processes), must undergo an impact analysis before being considered. The Insurance Department will be responsible for conducting this analysis, which will include evaluating the social impact (like public health issues and affected populations), medical efficacy (reviewing scientific evidence and expert opinions), and financial impact (estimating effects on premiums, costs for insurers and providers, and market stability). The Department is allowed to hire outside experts for this analysis and can consult with other state agencies. Finally, the results of this analysis will be provided to the bill's author and relevant committee chairs, and will be made publicly accessible on the legislative website, with the act taking effect on November 1, 2026.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Second Reading referred to Business and Insurance (on 02/03/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1625&Session=2600 |
| BillText | https://www.oklegislature.gov/cf_pdf/2025-26%20INT/SB/SB1625%20INT.PDF |
| Fiscal Note/Analysis - Senate: Introduced | https://www.oklegislature.gov/cf_pdf/2025-26%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB1625%20INT%20BILLSUM.PDF |
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