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OK HB2437

Bill

Status

Passed

5/28/2010

Primary Sponsor

Ed Cannaday

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Establishes the Health Carrier Access Payment Revolving Fund within the State Treasury for the Oklahoma Health Care Authority to fund the state's Medicaid program and maximize federal matching funds.

  • Requires all health carriers (including insurers, HMOs, third-party administrators, self-insured plans, and MEWAs) to pay 1% access payments on claims paid for health and medical services to Oklahoma residents from July 1, 2010 through January 1, 2015.

  • Excludes from "claims paid" calculation: administrative expenses, limited benefit insurance, non-resident services, Medicare/Medicaid claims, and retiree health plans separate from employee plans.

  • Mandates monthly access payment reporting and payment to the Insurance Commissioner within 30 days of each month (or annually for small group third-party administrators within 60 days of plan year close).

  • Authorizes the Insurance Commissioner to refuse renewal, suspend, or revoke health carrier certificates of authority and assess civil penalties for failure to pay access payments; collected funds shall not be used for state employee wages or general administrative expenses.

Legislative Description

Insurance; creating the Health Carrier Access Payment Revolving Fund for the Oklahoma Health Care Authority; stating purpose of fund. Effective date.

Insurance

Last Action

Approved by Governor 06/05/2010

5/28/2010

Full Bill Text

No bill text available