Req. No. 2484 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 2nd Session of the 59th Legislature (2024) SENATE BILL 1223 By: Hamilton AS INTRODUCED An Act relating to the Oklahoma Employees Insurance and Benefits Act; amending 74 O.S. 2021, Section 1308.3, which relates to opt-out options; increasing opt-out amount for certain employees in li eu of flexible benefit allowance; providing an effecti ve date; and declaring an emergency . BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. AMENDATORY 74 O.S. 2021, Section 1308.3, is amended to read as follows: Section 1308.3. Any active employee eligible to participate or who is a participant may opt out of the state ’s basic plan as outlined in Sections 1370 and 1371 of this title, or may o pt out of the health and dental basic plan options only and retain the life and disability plan benefits, provided that the participant is currently covered by a separa te group health insurance plan or will be covered by a separate group health insurance p lan at or before the beginning of the next plan year. Any active employee elig ible to participate or who is a participant opting out of coverage pursuant to this section shall provi de proof of the separate health Req. No. 2484 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 insurance plan participation and sign an a ffidavit attesting that the participant is currently covered and does not require state - provided health insurance each plan year. Any Beginning November 1, 2011, and ending on June 30, 2024, any active employee opting out of the state’s basic plan or the health and dental basic plan options pursuant to this section shall receive One Hundred Fifty Dollars ($150.00) in lieu of the flexible benefit amount the employee would be otherwise eligible to receive. Beginning July 1, 2024 , any active employee opting out of the state’s basic plan or the health and dental basic plan optio ns pursuant to this section shall receive Five Hundred Dollars ($500.00) monthly in lieu of the flexible benefit amount the employee would otherwise be eligible to receive. Any savings realized by the state as a result of a participant opting out of health insura nce plan coverage shall be retained by the state. SECTION 2. This act shall become effective July 1, 2024. SECTION 3. It being immediately nece ssary for the preservation of the public peace, health or safety, an emergency is hereby declared to exist, by reason whereof thi s act shall take effec t and be in full force from and after its p assage and approval. 59-2-2484 RD 12/5/2023 2:57:14 PM