Oklahoma Insurance Department to return nearly $1M in federal funds

Oklahoma insurance commissioner rejects federal funding for review of insurance premiums.

 
By Don Mecoy | Published: May 18, 2011    Comment on this article Leave a comment

photo - John Doak, 47, Republican state insurance commissioner candidate      ORG XMIT: 1007280024275270
John Doak, 47, Republican state insurance commissioner candidate ORG XMIT: 1007280024275270

Multimedia

Nearly $20,000 of the $1 million grant was obligated by the agency under previous Commissioner Kim Holland. That means the Insurance Department will return $980,018.98 to federal officials.

In a May 2 letter to the U.S. Office of Consumer Information and Insurance Oversight, Doak wrote, “Oklahomans have made it clear that we do not support the implementation of ObamaCare in our state. We are most able to address the health insurance needs of our citizens by using our own state resources. We will continue to conduct health insurance premium rate reviews via the use of state and private funds.”

Doak also urged Gov. Mary Fallin to sign SB 722, which would reaffirm Oklahoma's control over health care issues. Key provisions of the bill, by Sen. Clark Jolley, R-Edmond, and Rep. Glen Mulready, R-Tulsa, assert the authority of states to control the regulation of health care and creates a health care compact for the states. Doak first endorsed the bill in March. Fallin has until Wednesday to act on the measure.

Page 2 of 2




If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.


New Rule in CALIFORNIA:
(APR 2013): If You Pay For Car Insurance You Better Read This...
www.ConsumerFinanceDaily.com
5 foods you must not eat
Cut down a bit of stomach fat every day by never eating these 5 foods
Trimdownclub.com

Business Photo Galleriesview all