Oklahoma § 36-5404 - Promulgation of rules — Enforcement

§ 36-5404. Promulgation of rules — Enforcement

A. The Insurance Department is authorized to establish rules

and regulations interpreting the provisions of this act concerning

health insurers. The Department is responsible for enforcing this

act specifically with respect to health insurers. It may levy civil

fines ranging from One Hundred Dollars ($100.00) to Ten Thousand

Dollars ($10,000.00) per violation of this act. This section does

not prevent the Insurance Department from seeking assistance from

the Attorney General in enforcing this act or limit the Insurance

Departments ability to regulate the licensing of pharmacy benefit

managers. Each instance of a prohibited act constitutes a separate

violation.

B. The Attorney General is authorized to establish rules and

regulations interpreting the provisions of this act and concerning

any person or entity who is not a health insurer subject to

enforcement by the Insurance Department. The Attorney General may

impose civil fines of not less than One Hundred Dollars ($100.00)

and not greater than Ten Thousand Dollars ($10,000.00) for each

violation of the provisions of this act.

C. Nothing shall prohibit the Attorney General’s Office or the

Insurance Department from sharing any information with each other as

a part of an investigation regarding conduct that is prohibited by

Oklahoma Statutes - Title 36. Insurance

this act. Any information shared between the Attorney General’s

Office and the Insurance Department shall be kept confidential

unless it is used during an enforcement action authorized by this

act, the disclosing agency has authorized such disclosure, or the

information is publicly available.

A violation occurs each time a prohibited act is committed.

Added by Laws 2025, c. 332, § 5, eff. Nov. 1, 2025.