OKLAHOMA CITY, July 10, 2015 /PRNewswire/ -- Oklahoma Insurance Commissioner John D. Doak applauds the funding extension of Insure Oklahoma through 2016. The program was created in 2005 to help small businesses offer health insurance to their employees.
"Insure Oklahoma is one of the first programs of its kind in the nation," Commissioner Doak said. "Thousands of Oklahomans have health insurance thanks to the program. It was very important for the federal government to recognize the value that Insure Oklahoma provides for our citizens, and this decision shows that our state's leaders have shown that value convincingly."
Rep. Glen Mulready, R-District 68, who chairs the House Insurance Committee is also expressing his support.
"Extending the funding for Insure Oklahoma proves that states can develop innovative options for Oklahoma businesses," said Rep. Mulready. "I'm very happy to see this program continue to succeed."
Insure Oklahoma helps small businesses and their employees with health insurance premiums. The program is funded with money from the state tobacco tax, matched by federal Medicaid dollars. The employer and employee also pay a portion of the premiums. Almost 18,000 Oklahomans are enrolled with more than 3,700 business participating.
About the Oklahoma Insurance Department
The Oklahoma Insurance Department, an agency of the State of Oklahoma, is responsible for the education and protection of the insurance-buying public and for oversight of the insurance industry in the state.
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SOURCE Oklahoma Insurance Department