{"data":{"id":"us-ok/okla.-stat.-tit.-85a-85a-95","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 85A, § 85A-95","heading":"Deductibles","body":"A. On approval by the Insurance Commissioner, and following the\n\nadoption of such rules as the Insurance Commissioner deems\n\nnecessary, each insurer issuing a policy under this act shall offer,\n\nas a part of the policy or as an optional endorsement to the policy,\n\ndeductibles optional to the policyholder for benefits payable under\n\nthis act. Deductible amounts offered shall be fully disclosed to\n\nthe prospective policyholder in writing. The policyholder\n\nexercising the deductible option shall choose only one deductible\n\namount.\n\nB. Optional deductibles shall be offered in each policy\n\ninsuring liability for workers' compensation that is issued,\n\ndelivered, issued for delivery, or renewed under this act on or\n\nafter approval by the Insurance Commissioner, unless an insured\n\nemployer and insurer agree to renegotiate a workers' compensation\n\npolicy in effect on that date so as to include a provision allowing\n\nfor a deductible.\n\nC. If the policyholder exercises the option and chooses a\n\ndeductible, the insured employer shall be liable for the amount of\n\nthe deductible for benefits paid for each compensable claim of work\n\ninjury suffered by an employee. The insurer shall pay all or part\n\nof the deductible amount, whichever is applicable to a compensable\n\nclaim, to the person or medical provider entitled to the benefits\n\nconferred by this act and seek reimbursement from the insured\n\nemployer for the applicable deductible amount. The payment or\n\nnonpayment of deductible amounts by the insured employer to the\n\ninsurer shall be treated under the policy insuring the liability for\n\nworkers' compensation in the same manner as payment or nonpayment of\n\npremiums.\n\nD. If the Insurance Commissioner determines it to be feasible,\n\nand under such rules as he or she may adopt, premium reduction for\n\ndeductibles may be determined before the application of any\n\nexperience modification, premium surcharge, or premium discounts,\n\nand, to the extent that an employer's experience rating or safety\n\nrecord is based on benefits paid, money paid by the insured employer\n\nunder a deductible as provided in this section may not be included\n\nas benefits paid so as to harm the experience rating of the\n\nemployer.\n\nE. This section shall not apply to employers who are approved\n\nto self-insure against liability for workers' compensation or group\n\nself-insurance funds for workers' compensation.","path":["OK Code","Title 85A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os85A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"ee8671126442102fa340ea55d3f5b5b16878a06ee32d5ef61015b69cfc7dc1ae","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-85a-85a-94","next":"us-ok/okla.-stat.-tit.-85a-85a-96"},"notice":"GroundRules: Original legal text. Not legal advice."}