Oklahoma § 36-6982 - Report of business activities — Annual filing

§ 36-6982. Report of business activities — Annual filing

A. On or before March 1 of each calendar year, every prepaid

vision plan organization offering coverage in this state shall file

with the Insurance Commissioner a report of the business activities

of the organization for the preceding calendar year. The report

shall contain a notarized signature of at least two principal

officers of the corporation or members of the entity.

B. A report submitted under this section shall be in the form

and manner prescribed by the Commissioner and shall include:

1. A financial statement of the organization, including a copy

of the balance sheet, receipts, and disbursements of the

organization for the subject year certified by an independent

certified public accountant. The Commissioner may accept a full

report of the most recent examination of a foreign prepaid vision

plan, certified to by the appropriate examining official of another

state;

2. Any material changes in the information required to be

provided pursuant to Section 6 of this act;

3. The number of persons who have enrolled in plans offered by

the organization during the preceding year, the total number of

enrollees of each plan as of the end of the year, and the number of

enrollments terminated during the year;

4. The costs of all care provided and the number of enrollees

who received care pursuant to the provisions of the prepaid vision

plan; and

Oklahoma Statutes - Title 36. Insurance

5. Any other information relating to the performance of the

prepaid vision plan organization deemed necessary by the

Commissioner.

Added by Laws 2024, c. 360, § 11, emerg. eff. May 30, 2024.