Recently adopted rules

Rules affected: OAR 441-710-0527

Rule Summary:
Defines "regular meetings" and its frequency.

Filed: January 14, 2019

Effective: January 15, 2019

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report

Rules affected: OAR 441-175-0185

Rule Summary:
Adopted to recognize surplus lines and risk retention coverage as meeting the requirements ORS 59.175. The rule also provides clarity regarding providing proof of errors and omissions insurance required by ORS 59.175.

Filed: October 10, 2018

Effective: October 10, 2018

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report

Rules affected: OAR 441-175-0120, 441-175-0130

Rule Summary:
Amended to include a reference to the FINRA Series 66 exam.

Filed: October 10, 2018

Effective: October 10, 2018

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report

Rules affected: OAR 836-031-0605

Rule Summary:
Refile to use rule text of the Notice of Proposed Rulemaking. There are no substantive changes.

Filed: January 4, 2019

Effective: January 4, 2019

Documents:

• Permanent Administrative Order

Rules affected: OAR 836-150-0010, 836-150-0020, 836-150-0030, 836-150-0040, 836-150-0050, 836-150-0060

Rule Summary:
Clarifies the purpose, statutory authority, and applicability for OAR 836-053-1600 to 836-053-1615. Adopt definitions of: anesthesia conversion factor; base units; base rate; CMS; CPT; CPI adjustment; director; geographic rating area; modifier adjustment; out-of-network reimbursement; physical status units; Q modifier adjustment; and time units. Adopt formula for out-of-network reimbursement for non-anesthesia-related claims. Adopt formula for out-of-network reimbursement for anesthesia-related claims.

Filed: December 19, 2018

Effective: January 1, 2019

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report
• Appendix A: Non-anesthesia reimbursement base rate

Rules affected: OAR 836-150-0010, 836-150-0020, 836-150-0030, 836-150-0040, 836-150-0050, 836-150-0060

Rule Summary:
Explains the purpose of the Oregon Reinsurance Program. Defines benefit year, department, reinsurance eligible claim, reinsurance eligible issuer and reinsurance payment. Lists the reporting requirements and payment processes to receive reinsurance payments. Establishes the attachment point, reinsurance cap and coinsurance rate for the benefit years 2018 and 2019. Describes how and when reinsurance payments are to be made. Describes the duties of the Oregon Reinsurance Program administrator.

Filed: December 19, 2018

Effective: January 1, 2019

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report

Rules affected: OAR 836-031-0605

Rule Summary:
Designates the version of the Valuation Manual insurers must use in establishing principle-based reserves beginning January 1, 2019, and confirms that the operative date of the Valuation Manual is January 1, 2017 under section 16(2) of Oregon Laws 2015 chapter 547.

Filed: December 19, 2018

Effective: January 1, 2019

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report

Rules affected: OAR 836-011-0000

Rule Summary:
Amended annually to prescribe the statement blanks and applicable instructions then in effect.

Filed: December 19, 2018

Effective: January 1, 2019

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report

Rules affected: OAR 836-031-0270

Rule Summary:
The rule sets forth the minimum standards to be used by insurers for the valuation of specified benefits, and the computation of contract reserves and claim reserves, for individual and group health insurance policies.

Filed: December 19, 2018

Effective: December 19, 2018

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report

Rules affected: OAR 836-053-0013

Rule Summary:
Amends to ensure that the standard bronze and silver plan designs adopted by the Department of Consumer and Business Services under ORS 743B.130 will comply with the requirements of ORS 743A.067

Filed: October 10, 2018

Effective: October 20, 2018

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report

Rules affected: OAR 836-052-0114

Refiled to correct error in Exhibit 1.

Filed: August 30, 2018

Effective: September 1, 2018

Documents:

• Permanent Administrative Order
• Medicare Supplement 2020 FAQs

Rules affected: OAR 836-052-0114, 836-052-0119, 836-052-0141, 836-052-0143, 836-052-0144

Clarifying applicability of exhibits to OAR 836-052-0160.

Filed: August 28, 2018

Effective: September 1, 2018

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report
• Medicare Supplement 2020 FAQs

Rules affected: OAR 836-071-0215

Flood Insurance Producer Continuing Education Requirements.

Creates continuing education requirements for flood insurance producers.

Filed: August 16, 2018

Effective: August 16, 2018

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report

Rules affected: OAR 836-071-0185

Aligns insurance code and securities licensing requirements for the sale of variable annuities.

Amended to remove references to specific examinations and expand firm affiliation requirements to include an investment advisory firm.

Filed: August 16, 2018

Effective: August 16, 2018

Documents:

• Permanent Administrative Order
• Summary of Testimony and Hearing Officer's Report