An official website of the State of Oregon
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Businesses acting as a third-party administrator (TPA) must receive an Oregon license. TPA activities include:
The Division of Financial Regulation issues third-party administrator licenses for life and health. Workers' compensation TPAs need to register with the
Workers' Compensation Division and hold a general lines
adjuster license issued by the Division of Financial Regulation. No adjuster license is needed if the person works for an authorized insurer.
Assumed business names must be registered with the Secretary of State Corporation Division.
Renewals of TPA licenses are required every other year.
The current license fee is $45.
If there has been a material change in ownership or control or in any other matter affecting the qualification of the third-party administrator, you must immediately notify the Insurance Division. Biographical affidavits are required when there is any change of owner, partner, director, or officer.
* These items are not required for nonresident applicants.
Each TPA must file an annual report to the Division of Financial Regulation by March 1 of each year, covering the previous calendar year. If your annual report is for a time period other than a calendar year (e.g., fiscal year), you may submit the most current financial statements as of March 1.
Note: The annual report is different from the renewal, which is required every two years.
The annual report is filed electronically through iReg at
https://www4.cbs.state.or.us/exs/ins/ireg/. We do not accept paper reports. Every licensed TPA must file a report, even if it did no business under the license in the previous calendar year. The annual report does not renew your Oregon TPA license. The report and renewal are separate requirements. Renewal notices are sent separately, approximately 75 days before the date of expiration.
Note: The annual report is also different from the quarterly health enrollment reporting.
Licensed TPAs, and others, are required to submit information regarding covered lives on a quarterly basis, or to file an exemption once per calendar year.
Phone: email@example.com Fax: 503-378-4351
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