Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 365. Insurance Department |
Chapter 10. Life, Accident and Health |
Subchapter 23. Discount Medical Plan Organizations |
SECTION 365:10-23-2. Inducements.
Latest version.
- (a) No discount medical plan organization or any person affiliated with a discount medical plan organization shall, as an inducement to plan participation, provide in any plan for or offer, sell, buy or offer or promise to buy sell, give, promise or allow to the plan member or prospective plan member or to any other person in his behalf in any manner whatsoever:(1) Any employment;(2) Any shares of stock or other securities issued or at any time to be issued or any interest therein or rights thereto;(3) Any advisory board contract or any similar contract, agreement or understanding, offering, providing for, or promising any special profits;(4) Any prizes, goods, wares, merchandise, or tangible property of an aggregate value in excess of Twenty-Five Dollars ($25.00); or(5) Any special favor, advantage or other benefit in the payment, method of payment or credit for payment of the plan through the use of credit cards, credit card facilities, credit card lists, or wholesale or retail credit accounts of another person.(b) No discount medical plan organization, in conjunction with or as part of an offer for plan participation, shall issue, or cause to be issue, any policy of insurance of any type or description upon life, or property, real or person, whenever such policy of insurance is to be furnished of delivered to the purchaser or bailee of any property, real or personal, as an inducement to purchase or bail said property, real or person.