Or. Admin. Code § 836-042-0415

Current through Register Vol. 63, No. 11, November 1, 2024

Section 836-042-0415 - Day Care Facilities; Prohibition; Requirements; Filing

(1) An insurer may not sell insurance under a group policy to members of a group of day care facilities unless:

(a) The insurer has satisfied the filing requirements of this rule with respect to that policy; and

(b) The Director has approved the policy as meeting the requirements of OAR 836-042-0400 to 836-042-0430.

(2) An insurer shall file the following with the Director with respect to each group policy for day care facilities that the insurer proposes to sell:

(a) The name of the group;

(b) The name of each day care facility in the group;

(c) A description of the kind or class of insurance provided to the group;

(d) A copy or a specific explanation of the risk management plan for the group;

(e) A specific explanation of the means by which the policy provides for reduced or returned premiums for members of the group;

(f) A specific description of the rating system to be used for rating group members.

Or. Admin. Code § 836-042-0415

ID 7-1987, f. & ef. 12-11-87

Stat. Auth.: ORS 731 & ORS 737

Stats. Implemented: ORS 737.346(3)(g)