§36-6917. Producer license - Exempted persons.
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/ok/title-36-insurance/36-6917·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. Health maintenance organization producers shall comply with all applicable statutes and provisions of Title 36 of the Oklahoma Statutes and rules relating to producer licensing, including the Oklahoma Producer Licensing Act.
B. The following persons shall not be required to hold a health maintenance organization producer license:
1. A regular salaried officer or employee of a health maintenance organization who devotes substantially all of his or her time to activities other than the taking or transmitting of applications or membership fees or premiums for health maintenance organization membership, or who receives no commission or other compensation directly dependent upon the business obtained, and who does not solicit or accept from the public applications for health maintenance organization membership;
2. Employers or their officers or employees or the trustees of an employee benefit plan to the extent that the employers, officers, employees or trustees are engaged in the administration or operation of a program of employee benefits involving the use of health
maintenance organization memberships; provided, that the employers, officers, employees or trustees are not in any manner compensated directly or indirectly by the health maintenance organization issuing health maintenance organization memberships;
3. Banks or their officers and employees to the extent that the banks, officers and employees collect and remit charges by charging them against accounts of depositors on the orders of the depositors; or
4. A person or the employee of a person who has contracted to provide administrative, management or health care services to a health maintenance organization and who is compensated for those services by the payment of an amount calculated as a percentage of the revenues, net income or profit of the health maintenance organization, if that method of compensation is the sole basis for subjecting that person or the employee of the person to this act.
C. The Insurance Commissioner may by rule exempt certain classes of persons from the requirement of obtaining a license:
1. If the functions such persons perform do not require special competence, trustworthiness or the regulatory surveillance made possible by licensing; or
2. If other existing safeguards make regulation unnecessary. Added by Laws 2003, c. 197, § 17, eff. Nov. 1, 2003.