Senate Bill No. 1096 establishes new procedures for analyzing legislation that mandates changes to health benefit plans in Oklahoma. The bill defines key terms such as "Bureau," "Department," "Health benefit plan," "Legislative actuary," and "Mandate." It requires that any bill proposing a mandate be assigned to the appropriate legislative committee responsible for insurance legislation. If a majority of the committee votes in favor of conducting an impact analysis, the bill will be submitted to the Insurance Department for evaluation. However, if the committee opposes the bill or it does not receive a hearing, no analysis will be required. Furthermore, the bill prohibits any mandate bill from advancing without an impact analysis unless specified exceptions apply.

The Insurance Department is tasked with conducting the impact analysis and preparing a report within sixty days, which must cover social, medical efficacy, and financial impacts of the proposed mandate. The Department may contract with third-party vendors for assistance and can seek input from other state agencies. The Bureau is limited to submitting five referrals for analysis per fiscal year, with any additional referrals requiring written approval from the Insurance Commissioner. The bill aims to ensure that the implications of health benefit mandates are thoroughly evaluated before legislative action, enhancing the decision-making process regarding health care coverage in the state. The act is set to take effect on November 1, 2025.