{"data":{"id":"us-ok/okla.-stat.-tit.-36-36-6922","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 36, § 36-6922","heading":"Order to rectify financial condition or violation -","body":"Required actions - Remedies and measures available to Insurance\n\nCommissioner.\n\nA. Whenever the Insurance Commissioner determines that the\n\nfinancial condition of a health maintenance organization (HMO) is\n\nsuch that its continued operation might be hazardous to its\n\nenrollees, creditors or the general public, or that the HMO has\n\nviolated any provision of the Health Maintenance Organization Act of\n\n2003, the Insurance Commissioner may, after notice and opportunity\n\nfor hearing, order the health maintenance organization to take\n\naction reasonably necessary to rectify the condition or violation\n\nincluding, but not limited, to one or more of the following:\n\n1. Reduce the total amount of present and potential liability\n\nfor benefits by reinsurance or other method acceptable to the\n\nInsurance Commissioner;\n\n2. Reduce the volume of new business being accepted;\n\n3. Reduce expenses by specified methods;\n\n4. Suspend or limit the writing of new business for a period of\n\ntime;\n\n5. Increase the health maintenance organization’s capital and\n\nsurplus by contribution; or\n\n6. Take other steps the Insurance Commissioner may deem\n\nappropriate under the circumstances.\n\nB. For purposes of this section, the violation by a health\n\nmaintenance organization of any law of this state to which the\n\nhealth maintenance organization is subject shall be deemed a\n\nviolation of this act.\n\nC. Rules of the Insurance Commissioner establishing criteria\n\nthat the Insurance Commissioner may consider in making a\n\ndetermination that the condition of any insurer is such that\n\ncontinuation of such insurer's business may be hazardous to the\n\npublic or to holders of its policies or certificates of insurance\n\nmay be used by the Insurance Commissioner for early warning that the\n\ncontinued operation of any health maintenance organization might be\n\nhazardous to its enrollees, creditors, or the general public and to\n\nset standards for evaluating the financial condition of any health\n\nmaintenance organization.\n\nD. The remedies and measures available to the Insurance\n\nCommissioner under this section shall be in addition to, and not in\n\nlieu of, the remedies and measures available to the Insurance\n\nCommissioner under the provisions of Section 1904 of Title 36 of the\n\nOklahoma Statutes.","path":["OK Code","Title 36"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os36.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"0cf1beadd34be3d34f4d6dbad625f6ec67c5a72416bed2f2a98191b2eeb78486","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-36-36-6920","next":"us-ok/okla.-stat.-tit.-36-36-6923"},"notice":"GroundRules: Original legal text. Not legal advice."}