Oregon Administrative Rules
Chapter 101 - OREGON HEALTH AUTHORITY, PUBLIC EMPLOYEES' BENEFIT BOARD
Division 30 - CONTINUATION OF INSURANCE-ACTIVE EMPLOYEES
Section 101-030-0070 - Life, Disability, and Accidental Death and Dismemberment Insurance - Continuation of Coverage
Universal Citation: OR Admin Rules 101-030-0070
Current through Register Vol. 63, No. 9, September 1, 2024
(1) When an eligible employee separates from state service optional life insurance coverage may continue through the plan, not PEBB, as follows:
(a) Portability. An eligible employee
terminating employment, other than for disability or retirement, may continue
the employee's optional employee, spouse, and domestic partner life insurance
coverage at the group rate, plus billing fees. The policy remains a term life
insurance policy. The employee must apply directly to the plan within 30 days
of the date coverage ends. Portability is not available for employee basic life
or dependent life coverage. A survivor of a covered eligible employee may
continue optional life insurance through the plan upon the death of the
employee.
(b) Conversion Rights.
An eligible employee terminating employment for any reason, including
disability or retirement, or experiencing a reduction in hours to less than 80
paid regular hours in the month, may be eligible to convert the employee's term
life insurance coverage. Not all policy types are available for conversion. The
employee must apply directly to the plan within 30 days of the date insurance
coverage ends. A survivor of a covered eligible employee may convert life
insurance coverage through the plan upon the death of the employee.
(c) Retiree Life Insurance Option. An
eligible employee who retires may purchase the Retiree Life Insurance Option
without submitting evidence of insurability. The employee must apply directly
to the insurance plan within 30 days of the date insurance coverage ends.
(d) Transfer of Premium Payment
for Optional Employee Life Insurance. When two active eligible employees are
married or in a domestic partnership and both are state employees, one employee
can transfer their optional life insurance coverage to the other employee's
life insurance coverage or to themselves upon:
(A) Terminating employment for any reason;
(B) Beginning an active military
leave;
(C) Divorce;
(D) Termination of their domestic
partnership, or;
(E) Retirement.
The remaining employed eligible employee must submit the completed and signed
transfer form to their agency within 30 days of the date of the events listed
in (1)(d) of this rule.
(2) There are no portability, conversion, or rollover continuation options for short term or long term disability or accidental death and dismemberment insurance coverage.
Stat. Auth.: ORS 243.061 - 302
Stats. Implemented: ORS 243.061 - 302
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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