OK HB1752

Creates the Oklahoma Employee Injury Benefit Act allowing employers to voluntarily opt out of the Workers' Compensation Code by establishing an alternative written benefit plan for injured employees

Requires qualified employers to notify the Workers' Compensation Court and Insurance Commissioner, pay a $1,500 annual fee, and adopt a benefit plan complying with ERISA (Employee Retirement Income Security Act)

Mandates minimum benefits including 100% medical expenses, 80% of pre-injury pay for temporary disability (up to 156 weeks), permanent disability benefits, death benefits of $200,000 plus funeral costs up to $10,000, and weekly survivor benefits

Requires employers to secure compensation through accidental insurance coverage of at least $2 million per occurrence or provide proof of financial ability to pay through securities, surety bonds, or letters of credit

Establishes exclusive remedy protections for qualified employers, limiting employee lawsuits to intentional tort claims only, with disputes resolved through ERISA procedures, arbitration, or state/federal courts rather than Workers' Compensation Court