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OK HB1258
Bill
Status
2/4/2013
Primary Sponsor
Mike Brown
Click for details
AI Summary
HB 1258 Summary
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Requires insurance carriers and CompSource Oklahoma to issue debit cards for payment of indemnity (disability) benefits to workers beginning January 1, 2014.
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Mandates the Administrator of the Workers' Compensation Court to promulgate rules for implementing debit card payment requirements in consultation with CompSource Oklahoma leadership.
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Modifies payment methods in workers' compensation cases by replacing traditional check/draft payments with debit cards for temporary and permanent disability benefits.
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Applies to all insurance policies issued on or after January 1, 2014, covering workers' compensation liabilities.
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Becomes effective November 1, 2013.
Legislative Description
Workers’ Compensation; providing insurance carriers with options for payment of indemnity benefits; effective date.
Insurance
Last Action
Authored by Senator Brown (principal Senate author)
2/27/2013