Senate Bill No. 1343, known as the Vision Plan Contractual Requirements Act, establishes new regulations for contracts between vision plan organizations and optometrists in Oklahoma. The bill defines key terms related to vision services and prohibits contracts from requiring optometrists to provide services at fees set by the vision plan organization unless those services are covered under the applicable vision service plan. Additionally, it mandates that all vision service plans must obtain written approval from optometrists and prohibits vision plan organizations from using an optometrist's agreement from one contract to imply approval for another, changing contract terms without consent, or incentivizing specific vision services.

The bill also stipulates that any payments to optometrists for overpayments or underpayments must be based on actual amounts rather than extrapolation. Furthermore, entities providing vision care services that are partially owned by a vision plan organization are required to inform subscribers of such ownership. The act is set to take effect on November 1, 2026.