Vision insurance; reimbursements; Medicare or Medicaid; non-Medicare reimbursements; charges; services; ophthalmic materials; nonaffiliated labs or frame vendors; effective date.

HB 3928 requires vision insurers to reimburse optometrists for covered services at no less than the 60th percentile of local usual and customary rates, as determined by an independent data source. It prohibits insurers from reducing payments for materials (like frames, lenses, and contacts) when increasing service payments, unless the change applies uniformly to all providers. The bill also mandates that insurers disclose average reimbursement rates for both affiliated and independent providers, and prevents insurers from penalizing providers for using nonaffiliated labs or vendors that meet credentialing standards. These changes directly affect optometrists, vision insurers, and patients using vision insurance plans in Oklahoma.