Okla. Stat. tit. 36, § 36-6983
This is the official text of Okla. Stat. tit. 36, § 36-6983, 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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Certificate of authority — Suspension of revocation —
Official statutory text
Fines—Hearing.
A. The Insurance Commissioner may suspend or revoke any
certificate of authority issued pursuant to this act if the
Commissioner finds that the prepaid vision plan organization:
1. Is operating contrary to the basic organizational documents
of the organization or in a manner contrary to that described in or
reasonably inferred from any information submitted pursuant to
Section 6 of this act;
2. Issues a coverage policy which does not comply with the
requirements of Section 10 of this act;
3. Does not provide or arrange for basic vision services
appropriate to a prepaid vision plan;
4. Can no longer be expected to meet the obligations to
enrollees or prospective enrollees of the prepaid vision plan;
5. Uses fraudulent, coercive, or dishonest practices, or
demonstrates incompetence, untrustworthiness, or financial
irresponsibility in the conduct of business;
6. Fails to deal equitably with any providers or other persons
or facilities which offer services covered within a contract or
policy issued pursuant to this act; or
7. Fails to substantially comply with the insurance laws of
this state or violates any regulation, rule, subpoena, or order of
the Commissioner.
B. When the certificate of authority of a prepaid vision plan
organization is suspended, the organization shall not accept, during
the period of such suspension, any additional enrollments for
coverage except newly acquired dependents of existing enrollees and
shall not engage in any advertising or solicitation.
C. When the certificate of authority of a prepaid vision plan
organization is revoked, the organization shall terminate operation
of the organization in this state immediately and shall conduct no
further business except as may be essential to the orderly
conclusion of the business affairs of the organization. The
Commissioner, by written order, may permit further operation of the
organization as the Commissioner finds to be in the best interest of
members of the organization.
D. In addition to or in lieu of any applicable suspension or
revocation of a certificate of authority, the Commissioner may
invoke a fine not to exceed One Thousand Dollars ($1,000.00) for
each violation. The payment of the fine may be enforced in the same
manner as civil judgments may be enforced.
Oklahoma Statutes - Title 36. Insurance Page 1458
E. A prepaid vision plan organization which has had its
certificate of authority denied, suspended, or revoked, or has
suffered an adverse determination by the Commissioner shall be
entitled to a hearing pursuant to the provisions of the
Administrative Procedures Act under Section 250 et seq. of Title 75
of the Oklahoma Statutes.
A. The Insurance Commissioner may suspend or revoke any
certificate of authority issued pursuant to this act if the
Commissioner finds that the prepaid vision plan organization:
1. Is operating contrary to the basic organizational documents
of the organization or in a manner contrary to that described in or
reasonably inferred from any information submitted pursuant to
Section 6 of this act;
2. Issues a coverage policy which does not comply with the
requirements of Section 10 of this act;
3. Does not provide or arrange for basic vision services
appropriate to a prepaid vision plan;
4. Can no longer be expected to meet the obligations to
enrollees or prospective enrollees of the prepaid vision plan;
5. Uses fraudulent, coercive, or dishonest practices, or
demonstrates incompetence, untrustworthiness, or financial
irresponsibility in the conduct of business;
6. Fails to deal equitably with any providers or other persons
or facilities which offer services covered within a contract or
policy issued pursuant to this act; or
7. Fails to substantially comply with the insurance laws of
this state or violates any regulation, rule, subpoena, or order of
the Commissioner.
B. When the certificate of authority of a prepaid vision plan
organization is suspended, the organization shall not accept, during
the period of such suspension, any additional enrollments for
coverage except newly acquired dependents of existing enrollees and
shall not engage in any advertising or solicitation.
C. When the certificate of authority of a prepaid vision plan
organization is revoked, the organization shall terminate operation
of the organization in this state immediately and shall conduct no
further business except as may be essential to the orderly
conclusion of the business affairs of the organization. The
Commissioner, by written order, may permit further operation of the
organization as the Commissioner finds to be in the best interest of
members of the organization.
D. In addition to or in lieu of any applicable suspension or
revocation of a certificate of authority, the Commissioner may
invoke a fine not to exceed One Thousand Dollars ($1,000.00) for
each violation. The payment of the fine may be enforced in the same
manner as civil judgments may be enforced.
Oklahoma Statutes - Title 36. Insurance Page 1458
E. A prepaid vision plan organization which has had its
certificate of authority denied, suspended, or revoked, or has
suffered an adverse determination by the Commissioner shall be
entitled to a hearing pursuant to the provisions of the
Administrative Procedures Act under Section 250 et seq. of Title 75
of the Oklahoma Statutes.
Status: in_force · Read it on the official government site
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