STATE OF OKLAHOMA

1st Session of the 53rd Legislature (2011)

SENATE BILL 960	By:	Brown

AS INTRODUCED

An Act relating to health insurance exchanges; stating legislative intent relating to the creation of a health insurance exchange; specifying components of the design of the exchange; providing for noncodification; and declaring an emergency.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     NEW LAW     A new section of law not to be codified in the Oklahoma Statutes reads as follows:
The Patient Protection and Affordable Care Act includes an option for a state to create a health insurance exchange to facilitate the purchase of individual and small group health coverage and to provide assistance with enrollment of eligible individuals in qualified health plans in lieu of the federal government operating a health insurance exchange in the state for that purpose.  It is the intent of the Legislature that it would be in the best interest of the State of Oklahoma to create its own health insurance exchange.  The design of the exchange shall maximize state control over the exchange and its component functions while at the same time minimizing the associated costs and risks to the state.
SECTION 2.  It being immediately necessary for the preservation of the public peace, health and safety, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval.

53-1-1095	ARE	1/20/2011 6:03:42 PM