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OK SB354

Bill

Official Source

Status

Introduced

2/7/2011

Primary Sponsor

Earl Garrison

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Legislature intends premium rate information for individual accident and health insurance to be readily available to the public
  • Insurance Department must post premium rate filings and consumer-friendly summaries on its website
  • Summary must explain rate changes, actuarial value, anticipated premium impact, and other information the Department deems necessary
  • Insurer's justification for proposed rate increases must also be disclosed on the Department's website
  • Bill becomes effective November 1, 2011

Legislative Description

Insurance; requiring the Department of Insurance to post certain rate information on the Department's website. Codification. Effective date.

Insurance

Last Action

Pending authorship Representative(s) Renegar

2/8/2011

Committee Referrals

Retirement and Insurance2/8/2011

Full Bill Text

No bill text available