Governor Stitt strengthens regulations for Medicare Advantage Plans
Staff reportThe Lawton Constitution
OKLAHOMA CITY — Governor Kevin Stitt recently issued a new executive order establishing additional requirements for Medicare Advantage (MA) plans operating in Oklahoma.
This executive order requires MA plans to have appropriate contracts with medical providers, ensures that patients have access to care, and that providers are treated fairly and paid appropriately.
According to the Oklahoma Insurance Department, the order reinforces the state's role in monitoring insurer practices and promoting stability in provider networks. It also is a move designed to better protect consumers and providers while strengthening accountability.
"As enrollment in Medicare Advantage continues to grow, proactive oversight is critical," said Oklahoma Insurance Commissioner Glen Mulready. "This action by Governor Stitt helps bring balance to the system and ensures accountability where it matters most — for Oklahoma seniors and the healthcare providers who serve them."
Health insurance CEO can't commit to safe AI practices in Congressional hearing
Republicans can make healthcare affordable by focusing on insurance reforms
Advisor News
- How smart investments prepare clients for inflation
- Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
- The biggest risk to your clients’ financial plans isn’t market volatility
- Initiative looks at how caregiving impacts workplace benefits
- Will rising retirement needs spark an annuity boom?
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- Fortitude Re Completes $500 Million FABN Issuance
- Reframing retirement income for greater certainty
- Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
- Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Annuity NewsLife Insurance News
- AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
- Fidelity Investments® to Expand Target Date Lineup With Launch of Guaranteed Income Solution
- KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
More Life Insurance NewsProperty and Casualty News
- Whidbey fire chiefs call for greater transparency in insurance rating system
- LETTER: Let’s look at the facts on Vindman
- Oklahoma’s insurance reform: What it means for advisors nationwide
- The claims conversation to have before, during and after a loss
- GOVERNOR POLIS AND DIVISION OF INSURANCE ANNOUNCE CALL FOR COLORADANS TO APPLY TO THE STRENGTHEN COLORADO HOMES ENTERPRISE BOARD
More Property and Casualty News