Health insurance; creating the Employer Health Plan Transparency Act; prohibiting health plans from entering certain contracts; prohibiting certain contract provisions. Effective date.

SB 2129, the "Employer Health Plan Transparency Act," requires health insurance plans covering employees (group health plans or public employee plans) to provide employers with full access to claims data, medical records, and itemized cost details in their contracts. It prohibits contracts from including clauses that limit this information or penalize employers for requesting it. The law mandates that insurers comply with federal privacy rules (HIPAA) when sharing data and requires clear, unmodified disclosures of healthcare costs. Violations could result in civil penalties from Oklahoma's Insurance Commissioner. This bill directly affects employers managing health benefits and insurers contracted with them.