Regulatory Alerts2020-03-03 | Bulletin 2020-5Added · Updated
Oregon Division of Financial Regulation Bulletin 2020-5: Withdrawal of Bulletin INS 2010-01
The Oregon Division of Financial Regulation withdraws Bulletin INS 2010-01, which previously outlined health insurance cancellation and non-renewal standards under HIPAA. This guidance is now obsolete because federal HIPAA rules were superseded by the Affordable Care Act and Oregon statutes were amended to restrict non-renewal exclusively to intentional misrepresentations of material facts. Regulated entities must instead consult Oregon Revised Statutes 743B.013, 743B.105, and 743B.125, along with applicable federal ACA provisions, to determine current lawful grounds for canceling or non-renewing health benefit plans.
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