OK
Oklahoma House Bill HB3358

Oklahoma 2024 Regular Session

Oklahoma House Bill HB3358

Introduced
2/5/24  

Caption

Employee benefits; Oklahoma Employee Health Benefits Reform Act of 2024; effective date.

Impact

This legislation could significantly change how employee health benefits are administered across Oklahoma, potentially impacting business operations and employee satisfaction. The intent behind the bill is to streamline regulations regarding health benefits, which may lead to enhanced clarity and operation efficiency for employers. By ensuring that both employees and employers have a clear understanding of their rights and obligations, the bill could contribute to improved workplace morale and employee retention, as well as potentially lower healthcare costs through more competitive and standardized health benefit offerings.

Summary

House Bill 3358, known as the Oklahoma Employee Health Benefits Reform Act of 2024, aims to modernize the framework surrounding employee health benefits within the state of Oklahoma. By establishing this act, the legislation seeks to provide clearer guidelines and regulations concerning the provision of health benefits to employees, addressing current inconsistencies and challenges that both employees and employers face in the healthcare landscape. The bill is set to take effect on November 1, 2024.

Contention

As with many reform-related bills, there are points of contention that may arise as the Oklahoma Employee Health Benefits Reform Act of 2024 develops. Stakeholders may debate the specifics of what constitutes adequate health benefits and how this impacts smaller businesses versus larger corporations. Some may argue that mandates included in the legislation could place unnecessary burdens on smaller employers, while others believe that enhanced health benefits are critical for attracting and retaining talent in a competitive market. Additionally, the effectiveness of the act's implementation and its actual impact on employee health outcomes will likely be a subject of ongoing discussion.

Companion Bills

No companion bills found.

Previously Filed As

OK HB1407

State employee benefits; modifying benefit allowance for state employees; effective date.

OK HB1068

Retirement; Oklahoma Public Employees Retirement System; definition; eligibility; death benefits; employee contribution; reference; effective date.

OK SB990

Family leave benefits; creating the Oklahoma Paid Family Leave Program; authorizing certain pay for family leave based upon certain contributions by employer and employee. Effective date.

OK SB24

Oklahoma Employees Insurance and Benefits Act; allowing for certain retirees to reinstate previously declined coverage. Effective date.

OK HB2592

Retirement; Oklahoma Law Enforcement Retirement System; definition; Oklahoma Public Employees Retirement System; definition; members; retirement benefit; death; employee contributions; effective date.

OK HB1277

Public retirement systems; Oklahoma Public Employee Retirement Benefit Adjustment Act; effective date.

OK SB578

Income tax; providing credit for certain qualified software employers and employees. Effective date.

OK HB2854

Public retirement systems; Oklahoma Public Employees Retirement System; defined contribution plan; defined benefit plan; accounts; service credit; effective dates.

OK HB2566

Revenue and taxation; income tax credit; employers; employees; hydrogen manufacturing; effective date.

OK HB2320

Teachers' Retirement System; postretirement employment; retirement benefits; effective date; emergency.

Similar Bills

No similar bills found.