Regulatory Alerts2017-01-01 | Bulletin 2017-6Bulletin 2017-6: Guidance on Health Insurance Premium Assessment
The Oregon Division of Financial Regulation issues operational guidance on a 1.5 percent premium assessment for health benefit plans delivered in Oregon under House Bill 2391. The bulletin specifies that fully-insured large group and individual/small group plans are subject to the assessment starting January 1, 2018, with retroactive collection if voters approve Measure 101. Insurers must utilize the iReg reporting system for compliance, may not revise rates pending the referendum outcome, and are expected to refund collected assessments if the measure is rejected.
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