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Section 743B.129 - Shortening period of exclusion following discontinued offering; rules.

OR Rev Stat § 743B.129 (2019) (N/A)
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(2) The department shall adopt rules establishing standards for shortening the period of prohibition under ORS 743B.012 (10), 743B.104 (3) and 743B.126 (7). The standards may include but are not limited to:

(a) Specified procedural requirements.

(b) Documentary standards for the submission of information by carriers or interested parties on whether the requirements of ORS 743B.012 (10), 743B.104 (3) and 743B.126 (7) have been met.

(c) Factors the department will consider in determining whether the requirements of ORS 743B.012 (10), 743B.104 (3) and 743B.126 (7) have been met, which may include:

(A) The reasons why the carrier elected to discontinue offering its health benefit plans in this state;

(B) The intent of the carrier in resuming to offer health benefit plans in this state; and

(C) Reasonable conditions, consistent with the Insurance Code, under which a carrier may be permitted to resume offering health benefit plans in this state. [2017 c.206 §7]

Note: 743B.129 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 743B or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

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Section 743B.129 - Shortening period of exclusion following discontinued offering; rules.