Or. Admin. Code § 836-052-0850

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

Section 836-052-0850 - Multiple Employer Trusts

(1) For purposes of ORS 743.560 and 743.562, a multiple employer trust is a trust to which a group health insurance policy has been issued, that is established and controlled by the insurer issuing the group health insurance policy.

(2) Termination of a group health insurance policy includes termination of an employer's participation in a group health insurance policy issued to a multiple employer trust described in this rule, whether or not the group policy itself terminates.

(3) OAR 836-052-0840(1) does not apply to a multiple employer trust described in this rule. Instead, termination by an employer of the employer's participation in a group health insurance policy issued to a multiple employer trust commences on the effective date of the employer's termination of participation, unless participation is terminated because the policy is terminated.

Or. Admin. Code § 836-052-0850

ID 9-1992, f. 5-26-92, cert. ef. 7-1-92

Stat. Auth.: ORS 731.244, ORS 743.526, ORS 743.560 & ORS 743.562

Stats. Implemented: ORS 743.526, ORS 743.560 & ORS 743.562