OK| The Oklahoma Insurance Department Bulletin No. 2025-08 informs health insurers and HMOs about federal changes affecting enforcement of Short-Term Limited Duration Insurance (STLDI) plans. Following federal guidance that deprioritizes enforcement of strict 2024 federal duration limits, Oklahoma carriers may now follow state law, allowing STLDI policies for up to three years if approved by the Department.
Key Points
- The Oklahoma Insurance Department will permit carriers to sell short-term limited duration health plans for up to 36 months, matching Oklahoma statute, despite stricter 2024 federal rules that limited such plans to three months plus one month renewal.
- Insurers must obtain specific approval from the Department via the SERFF filing process before offering STLDI policies under these extended duration guidelines.
- Insurance producers should consult with their carriers to ensure any STLDI policies make use of authorized filing and remain compliant with all regulatory requirements.