OK HB3154

Allows Oklahoma legislators to opt out of the state's basic health insurance plan if they have separate coverage, by signing an affidavit attesting to current coverage.

Any cost savings from legislators opting out of coverage must be retained by the state rather than returned to the individual.

Legislators who opt out are prohibited from participating in health, dental, life, disability, and dependent coverage plans during the plan year of their election.

Legislators opting out may continue participation in flexible benefit plans (excluding health/dental/life/disability), Health Care Reimbursement Accounts, Dependent Care Reimbursement Accounts, and Insurance Premium Conversion Options.

Effective date: September 1, 2010.