This bill establishes new regulations for health benefit plans in Oklahoma, specifically regarding the payment for anesthesia services. It defines key terms such as "anesthesia services," "health benefit plan," and "physical status modifiers," aligning them with established medical coding standards and classifications. The bill mandates that all health benefit plans must consider specific factors when determining the necessity of services and calculating payment amounts for anesthesia. These factors include the assessment of a patient's physical status, utilizing physical status modifiers as determined by the treating physician or healthcare provider, as well as the complexity and urgency of care.

The legislation aims to ensure that health benefit plans take into account the individual circumstances of patients when making payment determinations for anesthesia services. It is set to be codified as Section 7501 of Title 36 in the Oklahoma Statutes and will take effect on November 1, 2026.