Oregon Administrative Rules
Chapter 101 - OREGON HEALTH AUTHORITY, PUBLIC EMPLOYEES' BENEFIT BOARD
Division 1 - PROCEDURAL RULES
Section 101-001-0015 - Disbursement of PEBB Fund Monies
Current through Register Vol. 63, No. 9, September 1, 2024
The Public Employees' Benefit Board Fund was created for the purpose of maintaining insurance program stabilization reserves. PEBB may disburse any or all monies in the fund for any of the following purposes:
(1) To reimburse insurers for monies due under the applicable contract (For example, when benefit plan expenses exceed premium revenues);
(2) To minimize premium increases resulting from random experience flux, inflationary variations or any other cause;
(3) To minimize impact on contributions to premiums due to benefit plan design changes;
(4) To pay for expenses critical to administration of PEBB programs (For example, data processing, benefit plan communications, etc.); and
(5) To pay for services, programs, or studies that will reduce benefit plan costs.
Stat. Auth.: ORS 243.061 - 243.302
Stats. Implemented: ORS 243.135
