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The revenue for Oklahoma Insurance Department's budget is generated from the fees associated with the licenses. Since 2016, the OID has been non appropriated. According to the OID's 2018 Annual Report, the department's operations have produced $46.5 million to be given back to the State of Oklahoma budget for use by other state agencies.
The Oklahoma Health Care Authority (OKHCA) is an agency of the government of Oklahoma responsible for providing health insurance benefits for the state's SoonerCare (Oklahoma Medicaid) members. The authority is the state-level counterpart to the federal Centers for Medicare and Medicaid Services .
Oklahoma auto insurance laws dictate that drivers must carry liability coverage that meets or exceeds 25/50/25 policy limits, meaning: $25,000 of bodily injury liability per person $50,000 of ...
Only those individual risks expressly described or "scheduled" in the policy were covered; hence, those policies are now described as "individual" or "schedule" policies. [14] This system of "named perils" [ 15 ] or "specific perils" [ 16 ] coverage proved to be unsustainable in the context of the Second Industrial Revolution , in that a ...
Self-funded health care, also known as Administrative Services Only (ASO), is a self insurance arrangement in the United States whereby an employer provides health or disability benefits to employees using the company's own funds. [1]
Leased to the City of Hinton, Oklahoma in 2018. Snowdale State Park: Mayes: 15: 1959: Lake Hudson (Oklahoma) Snowdale became the Snowdale Area at Grand Lake State Park. [6] [7] The Oklahoma Department of Tourism and Recreation chose not to renew its lease from the Grand River Dam Authority in 2019, shutting down the park. [8] Walnut Creek State ...
New Oklahoma hunting regulations for 2022. Only a few changes were made to the 2022-23 hunting regulations. Air-powered arrow rifles will now be legal for big game, but only during the rifle ...
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management , primarily used to protect against the risk of a contingent or uncertain loss.