Regulatory Alerts2013-01-01 | Bulletin 2013-1Oregon Insurance Division Bulletin 2013-1: Coverage Effective Periods for Non-Grandfathered Individual Health Benefit Plans
The Oregon Insurance Division issued Bulletin 2013-1 to require carriers of non-grandfathered individual health plans to implement Affordable Care Act market reforms by April 1, 2014. The directive mandates that coverage issued or renewed after April 1, 2013 must terminate no later than March 31, 2014, with specific rules for pro-rating deductibles and providing mandatory disclosures regarding the 2014 open enrollment period. For plans issued in 2014, the bulletin requires calendar-year accumulators and coverage termination by December 31, 2014, alongside standardized endorsement templates to ensure regulatory compliance.
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