Oklahoma City, OK 73105
For Immediate Release: February 18, 2015
Sen. Kyle Loveless
plan transparency could save state nearly $4 million annually
Loveless filed legislation this year to authorize the Office
of Management and Enterprise Services (OMES) to propose a health
benefits plan design to incentivize participants to purchase health
services from providers with transparent pricing. Senate Bill 172,
which was approved by the Senate Appropriations Committee Wednesday,
is an effort to help state employees find the most affordable plans
to meet their needs while also saving the state money.
“Transparency is important in the free market as it promotes
competitive pricing. Unfortunately, there is no transparency among
Oklahoma’s healthcare providers and it’s costing the
state and taxpayers millions,” said Loveless, R-Oklahoma City.
“Having providers post their prices online would drive prices
down helping state employees keep more of their hard-earned money
and saving the state much-needed funds.”
OMES estimates that the proposal could save the state as much as
$3.9 million annually.
SB 172 now goes before the full Senate.
For more information, contact:
Sen. Loveless: (405) 521-5618