Regulatory Alerts2002-01-01 | Bulletin 2002-5Oregon Insurance Bulletin INS 2002-5: Sale of Individual Health Benefit Plans in the Small Employer Market
The Oregon Insurance Division issued Bulletin INS 2002-5 to clarify regulations regarding the sale of individual health benefit plans within the small employer market. The bulletin mandates that any health coverage where an employer contributes or claims tax benefits must be provided as a group plan, explicitly prohibiting the sale of individual policies to employees or their dependents in such scenarios. It further specifies that Health Reimbursement Arrangements constitute employer contributions, thereby requiring group coverage, and outlines civil penalties for insurers and agents who violate these nondiscrimination and market rules.
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