Regulatory Alerts2003-01-01 | Bulletin 2003-7Oregon Insurance Division Bulletin INS 2003-7: Revision Regarding PIP Benefits under HB 3668
The Oregon Insurance Division issued Bulletin INS 2003-7 to clarify the implementation of House Bill 3668, which increases Personal Injury Protection (PIP) benefit limits from $10,000 to $15,000. The bulletin interprets statutory fee schedule requirements, establishing that providers may not charge amounts exceeding the lower of their general public rates or applicable workers' compensation fee schedules. It further specifies that these new payment standards and benefit increases apply to policies issued or renewed on or after January 1, 2004, while prohibiting providers from seeking additional payments directly from policyholders.
Share