Okla. Stat. tit. 36, § 36-6530.1

This is the official text of Okla. Stat. tit. 36, § 36-6530.1, 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.

Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.

Oklahoma Individual Health Insurance Market

Official statutory text

Stabilization Act – Legislative intent.

This act shall be known and may be cited as the "Oklahoma

Individual Health Insurance Market Stabilization Act". It is the

intent of the Legislature to provide payments to health insurance

plans with respect to claims for eligible individuals for the

purpose of lowering premiums for health insurance coverage offered

in the individual market. Market stabilization activities shall

include establishment of a high-risk pool, reinsurance, hybrid

programs or any combination thereof. It is the further intent of

the Legislature to bestow upon the Oklahoma Insurance Commissioner

the authority to appoint a Board of Directors which shall create,

implement, oversee and monitor the high-risk pool, reinsurance or

hybrid programs under provisions of this act. The Board of

Directors and the Oklahoma Secretary of Health and Human Services

are authorized to apply for, accept and receive federal funds to

implement and sustain market stabilization programs. Preliminary

planning and analysis shall continue under the direction of the

Oklahoma Insurance Commissioner. The onset of market stabilization

Oklahoma Statutes - Title 36. Insurance Page 1292

implementation shall be contingent upon Oklahoma's approval for and

receipt of federal funds to implement and sustain market

stabilization programs.

Status: in_force · Read it on the official government site

Need a lawyer in Oklahoma?

Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.