Okla. Stat. tit. 36, § 36-4403.1: Definition of limited benefit insurance policy
Where this section sits in the code
- OK Code
- Title 36
A. 1. "Limited benefit insurance" means a policy or contract
designed to be purchased individually or to supplement major medical
accident and health insurance and which only provides coverage that
is less than the minimum standard for benefits required under basic
hospital expense coverage or basic medical-surgical expense
coverage.
2. A limited benefit insurance policy or contract may specify a
waiting period for coverage, maximum benefits, maximum length of
coverage, and an exact definition of the disease covered.
B. Nothing in this section shall increase, limit, or remove
jurisdiction of the Insurance Commissioner over limited benefit
insurance.
Collected 2026-09-14T18:32:36Z. Source file · JSON