Or. Admin. Code § 836-031-0200

Current through Register Vol. 63, No. 12, December 1, 2024

Section 836-031-0200 - Scope, Authority; Statutes Implemented; Application

(1) OAR 836-031-0200 to 836-031-0300 apply to all individual and group health insurance coverages except credit insurance and establish minimum standards for the following three categories of health insurance reserves:

(a) Claim reserves, under OAR 836-031-0230;

(b) Premium reserves, under OAR 836-031-0240; and

(c) Contract reserves, under OAR 836-031-0250.

(2) OAR 836-031-0200 to 836-031-0300 are adopted pursuant to the authority of ORS 731.244 and 733.080 for the purpose of implementing 733.080.

(3) Reserving requirements under OAR 836-031-0200 to 836-031-0300 must be incorporated in the annual statement of an insurer for the year ending December 31, 1995, and for each year thereafter.

Or. Admin. Code § 836-031-0200

ID 7-1995, f. & cert. ef. 11-15-95

Stat. Auth.: ORS 731.244 & 733.080

Stats. Implemented: ORS 733.080