How to Choose Your Insurance Agency
Oklahomans need to know the difference between a health insurer and a health plan.
The state of Oklahoma recently announced it is launching a health insurance marketplace, and it is the first to offer both the health insurance company and the insurer.
The Oklahoman’s Chris Miller reports.
(Published Tuesday, Sept. 15, 2019)Oklahoma’s Health Insurance Exchange launches Oklahoms First Health Insurance Market OklahomaHealthInsurance Exchange launched Monday with more than 300 new insurers, and they will compete for consumers by offering lower premiums and better access to services.
Oklahoma Secretary of State David E. Sleeper said the exchange was designed to offer a more comprehensive and transparent health insurance market that includes a wide range of insurers, from large-company policies to smaller, community health plans.
Oklahomers can shop for a health coverage on the exchange by visiting www.oklahominsurance.com.
The site will be available in English, Spanish, Chinese, Korean, and Russian.
The new insurers on the Oklahomas first health insurance exchange will include health insurers with at least $1 billion in annual revenue.
The new exchange is also set to offer affordable insurance coverage to low-income Oklahamans.
Oklaomans will have to buy insurance in person in person, or through an agency, before they can enroll in the exchange, Sleeper told NBC affiliate KFOR.
Oklahominas first health exchange is a partnership between the state of Okla., the Insurance Commissioner of Oklahoma and the American Health Insurance Association, which is the association for state and federal health insurance programs.
The state of OKLA, the Association of State Health Officers and the Oklahoma Health Insurance Authority all contributed to the design of the exchange.
In addition to the new insurers and the health plans, the exchange is adding three new insurance options to offer to Oklahomes low- and moderate-income residents: one health insurance plan, one employer plan and one community health plan, according to Sleeper.
The exchange offers coverage to people between the ages of 18 and 64.
The exchange will not offer coverage to those over the age of 65.
A new type of insurance company is also coming to the Okla.com marketplace, called the Community Health Insurance (CHI) exchange.
The CHI exchange offers a wide array of plans that will offer low- to moderate-cost health coverage to residents of the state.
The CHI health insurance options offer a range of benefits, including coverage for a variety of chronic conditions, dental care, prescription drugs, vision and hearing aids, and dental work, among other benefits.