Health insurance; Oklahoma Multiple Employer Welfare Arrangements (MEWA) Insurance Plans Reform Act of 2026; effective date.

HB 3653 creates the "Oklahoma Multiple Employer Welfare Arrangements (MEWA) Insurance Plans Reform Act of 2026," establishing new regulations for health insurance plans used by multiple employers. This bill directly affects MEWAs operating in Oklahoma, which are group health plans sponsored by multiple unrelated employers. The act will take effect on November 1, 2026, though the specific regulatory changes it introduces are not detailed in the provided text. The bill serves as the foundational framework for future MEWA regulations but does not outline the exact provisions or requirements.