Amend: OAR 836-042-0015; OAR 836-042-0035; OAR 836-042-0045
OAR 836-042-0015(2) requires that rate filings be accompanied by a transmittal letter with a specific format prescribed by rule. The proposed rulemaking would allow insurers to file the transmittal letter without being in a specific format as long as it contains the required information listed on the DFR website.
OAR 836-042-0015(8)-(9) requires insurers to duplicate filings made to DCBS and submit them to its rating organization for review. In practice, this requirement does not serve a meaningful purpose. DCBS reviews submissions from insurers, which is independent from, and does not rely upon a review from the rating organization. The proposed rulemaking would eliminate the requirement to submit duplicate filings to the rating organization for review.
OAR 836-042-0035 contains a reference to a provision in the insurance code that has moved from ORS 743 to ORS 742. The proposed rulemaking updates the statutory reference.
ORS 737.225 directs the Director to designate the statistical plan for workers' compensation insurance. OAR 836-042-0045 designates the Statistical Plan for Workers Compensation and Employers Liability Insurance, 2008 Edition, revised in 2014 and filed by the National Council on Compensation Insurance (NCCI). The proposed rulemaking would designated the NCCI plan with revisions as of January 1, 2018.
The Agency requests public comment on whether other options should be considered
for achieving the rule’s substantive goals while reducing negative economic
impact of the rule on business.
Filed: August 4, 2017
Public hearing: September 27, 2017, 9:30 a.m.
Last day for public comment: October 4, 2017, 5:00 p.m.