Oregon Administrative Rules
Chapter 836 - DEPARTMENT OF CONSUMER AND BUSINESS SERVICES, INSURANCE REGULATION
Division 150 - OREGON REINSURANCE PROGRAM
Section 836-150-0020 - Definitions
Current through Register Vol. 63, No. 9, September 1, 2024
The terms used in OAR 836-150-0010 to 836-150-0060 have the meaning prescribed in section 19, chapter 538, Oregon Laws 2017 (Enrolled House Bill 2391) and:
(1) "Benefit year" means a calendar year beginning on or after January 1, 2018 for which a reinsurance eligible health benefit plan provides health insurance coverage.
(2) "Department" means the Oregon Department of Consumer and Business Services.
(3) "Reinsurance eligible claim" means a claim for services covered under a reinsurance eligible health benefit plan that is incurred by a reinsurance eligible issuer during a benefit year and paid by the reinsurance eligible issuer before July 1 of the following year.
(4) "Reinsurance eligible issuer" means an insurer or health care service contractor who offers a reinsurance eligible health benefit plan to reinsurance eligible individuals.
(5) "Reinsurance payment" means payments issued to a reinsurance eligible issuer in accordance with section 2(3), chapter 538 Oregon Laws 2017 (Enrolled House Bill 2391) and OAR 836-150-0050.
Statutory/Other Authority: ORS 731.244 & 2017 Or Laws ch 538 sec 19
Statutes/Other Implemented: 2017 Or Laws ch 538 sec 18-21
