Prospects brighten for cigarette tax increase in Oklahoma - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
May 8, 2016 Newswires
Share
Share
Post
Email

Prospects brighten for cigarette tax increase in Oklahoma

Daily Oklahoman (Oklahoma City)

May 08--In the 24 years since Oklahoma voters restricted lawmakers' ability to raise taxes, the state Legislature has not been able to muster the three-fourths majority needed to pass a tax increase.

That's why there were major doubts in February when Gov. Mary Fallin first proposed a $1.50-per-pack cigarette tax hike.

Since then, the state's budget hole has grown to a record $1.3 billion, there have been two revenue failures requiring across-the-board spending cuts and health leaders say the state's Medicaid system is in danger of collapse.

Rep. Doug Cox, R-Grove, a medical doctor, is carrying legislation for the cigarette tax, which would be used to help shore up provider rates for Medicaid and stabilize the system.

He said interest in the bill picked up after news broke that the Oklahoma Health Care Authority would have to cut provider rates by as much as 25 percent if it didn't receive sufficient state funding.

Cox said such a cut would cause many nursing homes and rural hospitals to go out of business and could lead many doctors to decline to serve Medicaid patients.

He needs 76 votes in the 101-member House for the bill to clear that chamber.

There are 71 Republicans and 30

Democrats.

On Thursday, House Minority Leader Scott Inman said he was in discussions with Fallin and House and Senate Republicans to support the cigarette tax if it was tied to an expansion of Insure Oklahoma as envisioned under a plan drawn up by the Oklahoma Health Care Authority.

"We are encouraged by the discussion and hope next week to find a bipartisan solution to the health care crisis in Oklahoma," Inman said.

"Right now I'm optimistic."

However, Cox said that even if House Democrats support it, he still doesn't

have enough support among House Republicans.

Cox urged the governor to push the issue.

"If it's one of her priorities, she needs to follow through and meet one-on-one with caucus members," he said.

Senate President Pro Tem Brian Bingman said the cigarette tax hike still is under active consideration in his chamber and may even be gaining some momentum.

"Folks that are pushing the legislation from the outside are talking to members, and they seem encouraged that they are getting close to the support they need," he said.

If the Legislature fails to pass the tax hike, it could be referred to the ballot by a simple majority vote of senators and representatives. However, that would mean a delay in receiving the funding, and it would be uncertain if it would pass at the polls.

David Blatt, executive director of the Oklahoma Policy Institute, said lawmakers are "between a rock and a hard place."

"Tax increases are unpopular for some, but the proposed cuts would be so devastating, lawmakers don't want to be responsible for that outcome either," he said.

"Either support a cigarette tax increase or see nursing homes close and hospital units close and home and community based providers go out of business. We may be in a situation where the crisis is severe enough where legislators will overcome their resistance to taxes and vote for it."

___

(c)2016 The Oklahoman

Visit The Oklahoman at www.newsok.com

Distributed by Tribune Content Agency, LLC.

Older

Lawsuit aims at Commerce Department’s culture of secrecy

Newer

Hospital billing trick saddles the ill with unexpected costs

Advisor News

  • Worker retirement confidence dips to lowest level in a decade
  • What’s behind private equity investment in insurance brokerages
  • Advisors get a win as NJ Senate passes independent contractor bill
  • Why federal retirement benefits are more complex than advisors realize
  • Why timing the market is still a retirement mistake and what to do instead
More Advisor News

Annuity News

  • Best’s Special Report: U.S. Life/Annuity Industry Sees Bottom-Line Growth Despite 18% Decline in Total Income in First-Quarter 2026
  • 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
More Annuity News

Health/Employee Benefits News

  • County turns to self-funded insurance plan amid rising costs
  • How much money do Connecticut residents need to retire comfortably?
  • Hicks Thomas Continues Managed Care Growth with Addition of Veteran Trial Lawyer Mitch Reid
  • Wyoming lawmakers mull solutions to rising healthcare costs
  • Minnesota health insurers seek double-digit rate increases for 2027
More Health/Employee Benefits News

Life Insurance News

  • How much money do Connecticut residents need to retire comfortably?
  • Earl Dudley Jr. to Become Chief Human Resources Officer at Mutual of Omaha
  • How accelerated underwriting is transforming life insurance
  • OVER $107 MILLION IN LIFE INSURANCE BENEFITS LOCATED FOR TENNESSEANS IN 2025 THROUGH NAIC'S LIFE INSURANCE POLICY LOCATOR SERVICE
  • Maryland Heights man pleads guilty in murder-for-hire death of his mom
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet