Oklahoma § 36-6517 - Disclosures required of small employer carriers

§ 36-6517. Disclosures required of small employer carriers

In connection with the offering for sale of any health benefit

plan to a small employer, a small employer carrier shall make a

reasonable disclosure, as part of its solicitation and sales

materials, of all of the following:

1. The extent to which premium rates for a specified small

employer are established or adjusted based upon the actual or

expected variation in claims costs or actual or expected variation

in health status of the employees of the small employer and their

dependents;

Oklahoma Statutes - Title 36. Insurance

2. The provisions of the health benefit plan concerning the

small employer carrier's right to change premium rates and factors,

other than claim experience, that affect changes in premium rates;

3. The provisions relating to renewability of policies and

contracts; and

4. The provisions relating to any preexisting condition

provision.

Added by Laws 1992, c. 329, § 7, eff. Sept. 1, 1992.