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Oklahoma Health Insurance Risk Pool

Oklahoma Health Insurance Risk Pool - Health Insurance Provided for the Uninsurable

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FAQ

Acronym or name of the risk pool: Oklahoma health insurance risk pool.

Regulation establishing risk pool: Oklahoma insurance department, 1995.

Funding: The programme receives funds from premium payments by members. It is also received from assessments on health plans of companies suffering losses in proportion to the premiums paid.

Plans offered: Contact the risk pool directly for details on plans.

Plan benefit: Details available with the pool.

Maximum benefit limits: Details available with the pool.

Eligibility: (1) The person must be a resident of Oklahoma for a year at least. (2) You must have received a letter rejecting your application or you were offered covers at a higher rate than offered by the state. (3) The person must not be an inmate of a prison or alcohol / drug facility.

Enrollment periods: Applications are accepted for these plans throughout the year. Once approved, coverage begins on the first day of the following month, provided the date falls before the cutoff date.

Premium payments: Details are available at the risk pool.

Premium calculations: The rate assigned is 150% of the standard rate charged by insurance companies in the state for similar benefits.

Pre existing condition waiting period: Details are available with the risk pool administrator.

Contact information: Oklahoma High Risk Pool Administrator, Epoch Group. 6717 Shawnee Mission Parkway. Overland, Ks 66202. Ph- 8002556065. Official Website.

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