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Aug 2
News September 22, 2020 Life Insurance Awareness Month 2020: Get Ready for Uncertainties By Oklahoma Insurance Commissioner Glen Mulready The pandemic has caused anxiety, depression and a feeling of restlessness for most of us. We worry about our health, family, jobs, and finances. No one knows what the future holds and most of us feel powerless during these [...]
Aug 2
News For Immediate Release: September 17, 2020  Commissioner Mulready Elected Vice Chair of NAIC Midwest Zone   OKLAHOMA CITY – On September 11, 2020, Oklahoma Insurance Commissioner Glen Mulready was elected Vice Chair of the National Association of Insurance Commissioners’ (NAIC) Midwest Zone. The zone groups are part of the NAIC Executive Committee. They help carry out the authority and responsibilities of the NAIC’s goals. The [...]
Aug 2
News September 16, 2020 Get Ready for Medicare Open Enrollment: Free Six-Week Webinar Series for Oklahomans   OKLAHOMA CITY – The Oklahoma Insurance Department (OID) will hold a series of webinar events for Oklahomans who are eligible for Medicare. OID will kick off the six-week webinar series on October 6, 2020. Participants can sign up for one or all of the six webinars. Each [...]
Aug 2
News September 11, 2020 Statement by Oklahoma Insurance Commissioner Glen Mulready OKLAHOMA CITY – Insurance Commissioner Glen Mulready released the following statement regarding the recent announcement by the Oklahoma Health Care Authority's (OHCA) decision to retain and modify the Insure Oklahoma’s Employee Sponsored Insurance program: “I applaud OHCA and CEO Kevin Corbett in their decision to retain the Employee Sponsored Insurance program under Insure Oklahoma. This important commitment is a big win for small employers in Oklahoma and will allow almost [...]
Aug 2
News For Immediate Release: August 31, 2020  Insurance Commissioner Offers Help to Oklahoma Policyholders with Long-Term Care Insurer in Rehabilitation    OKLAHOMA CITY – In January, regulators in Pennsylvania put midsize long-term care insurance (LTCI) issuer, Senior Health Insurance Company of Pennsylvania (SHIP), in rehabilitation by court order. In response to this court order, the Oklahoma Insurance Department (OID) sent out the letter last week to over 900 Oklahoma consumers with LTCI policies with SHIP to offer [...]
Aug 2
News For Immediate Release: August 21, 2020 Oklahoma Consumers to Have More Health Options for 2021 ACA Plans   OKLAHOMA CITY – Insurance Commissioner Glen Mulready announced today the 2021 preliminary rate filings for health insurance plans under the Affordable Care Act (ACA). Insurers that currently offer coverage through the Oklahoma Marketplace filed plans requesting average statewide increases of 2.7 percent. The same three insurers that offered individual health plans on the 2020 Exchange will return for [...]
Aug 2
News TO:                           All Health Insurers and Pharmacy Benefits Managers (PBM) FROM:                     Oklahoma Insurance Department DATE:                      August 21, 2020 RE:                      [...]
Aug 2
News CAPTIVE INSURANCE NOTICE 2020-01   TO:               All Licensed Captive Insurers, Captive Managers, Auditors, Actuaries Licensed in Oklahoma RE:               Reduction of Required Capital for Certain Special Purpose Captive Insurance Companies; DATE:           August 20, 2020   The purpose of this  Notice is to advise all participants in the captive insurance industry that the Oklahoma Insurance Department (OID), pursuant to 36 O.S. § 6470.20 and 6470.34 has determined that on and after  September 16, 2020, The capitalization requirement for certain special purpose captive [...]
Aug 2
News For Immediate Release: August 19, 2020 Three Medicare Preventive Services to Keep Oklahomans Healthy Amid COVID-19  By Oklahoma Insurance Commissioner Glen Mulready    As the COVID-19 pandemic continues to affect our lives, patients are deferring routine medical visits or preventive services out of concern for their safety and health. However, these visits are critical, especially for people with certain medical conditions and older adults who are at the highest [...]
Aug 2
News August 6, 2020 Special Notice to Oklahoma Insurance Professionals To: Oklahoma Insurance Companies and Pre-License Exam Prep Providers From: Oklahoma Insurance Department- Licensing & Education Division RE: Launch of Prometric’s ProProctor™ Online Proctoring Solution The Oklahoma Insurance Department (OID), led by Commissioner Glen Mulready, continues to find new ways to address disruptions caused by [...]