OK SB1625

Speaker of the House or President Pro Tempore may direct the Legislative Service Bureau to submit bills containing health benefit plan mandates to the Oklahoma Insurance Department for impact analysis

Oklahoma Insurance Department must complete and return a written report within 60 days, covering social impact, medical efficacy, and financial impact including effects on premiums, insurers, providers, and state-funded programs

"Mandate" defined as any legislative or regulatory requirement obligating health benefit plans to provide specific coverage, expand services, or implement administrative processes like prior authorization or claims procedures

Department may contract with third-party vendors for actuarial services and mandate reviews, and may consult other state agencies to evaluate impacts on state-funded programs

Completed reports must be provided to the bill's author and relevant committee chairman, and published on the legislative website for public access; effective November 1, 2026