Okla. Stat. tit. 36, § 36-4423

This is the official text of Okla. Stat. tit. 36, § 36-4423, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.

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Application of act

Official statutory text

A. The requirements of the Long-Term Care Insurance Act shall

apply to policies, other than life care community policies delivered

or issued for delivery in this state on or after November 1, 1987.

The requirements of the Long-Term Care Insurance Act shall apply to

life care community policies delivered or issued for delivery in

this state on or after November 1, 1989.

B. Notwithstanding any other provision, the Long-Term Care

Insurance Act shall not apply to the following:

1. Residential care homes licensed pursuant to the Oklahoma

Residential Care Act;

2. Assisted living centers and continuum of care facilities

licensed pursuant to the Oklahoma Continuum of Care and Assisted

Living Act; or

3. Facilities licensed pursuant to the Oklahoma Nursing Home

Care Act.

C. The Long-Term Care Insurance Act is not intended to

supersede the obligations of entities subject to said act to comply

with the substance of other applicable insurance laws insofar as

Oklahoma Statutes - Title 36. Insurance Page 964

they do not conflict with the Long-Term Care Insurance Act, except

that laws and regulations designed and intended to apply to Medicare

supplement insurance policies shall not apply to long-term care

insurance. A policy which is not advertised, marketed or offered as

long-term care insurance need not meet the requirements of the Long-

Term Care Insurance Act. The Long-Term Care Insurance Act is not

intended to require life care communities to be licensed insurers.

Life care communities which are not licensed insurers shall not be

subject to the provisions of the Insurance Code or the jurisdiction

of the Insurance Commissioner, except as provided in the Long-Term

Care Insurance Act.

Status: in_force · Read it on the official government site

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