Okla. Senate Approves Legislation to Require Discount Medical Plans to Register With State

Source: Journal Record - Oklahoma City

Publication date: 2005-05-25

Arrival time: 2005-05-26





The state Senate approved legislation Tuesday to require discount medical plan organizations to obtain licensing from the Oklahoma Insurance Department.

Senate Bill 729, authored by state Sen. Todd Lamb, R-Edmond, targets misleading health plan service claims. If made law, these organizations would not be allowed to use the word insurance in their advertisements or marketing materials, along with the terms health plan, preferred provider organization or other such suggestions that the plan actually was health insurance.



We want to make (this bill) as consumer-friendly as possible, said Lamb. This is only for the entities targeting those who do not know the difference between a discount medical plan and insurance.



The bill was approved by a vote of 40-6 and now moves to the House.