HB 1060 – Oklahoma

Status: Enacted
Year Introduced: 2019
Link: http://www.oklegislature.gov/BillInfo.aspx?Bill=hb1060&Session=1900

Insurance; Life and Health Guaranty Association Act; broadening applicability; effective date. HB1060, as introduced, expands applicability of the Oklahoma Life and Health Guaranty Association Act. The measure includes HMO’s as member insurers in the association. The measure also includes health care providers and enrollees as persons to whom the association will provide coverage. The measure provides a definition of “health benefit plan” and its exclusions. In the case of reissuing terminated coverage at a different rate, the measure states the new premium rate must be actuarially justified.

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