2011 ORS § 743.020¹
Rate filing to include statement of administrative expenses
- • rules
An insurer licensed by the Department of Consumer and Business Services shall include in any rate filing under ORS 743.018 (Filing of rates for life and health insurance) with respect to individual and small employer health insurance policies a statement of administrative expenses in the form and manner prescribed by the department by rule. The statement must include, but is not limited to:
(1) A statement of administrative expenses on a per member per month basis; and
(2) An explanation of the basis for any proposed premium rate increases or decreases. [2009 c.595 §29]
Note: See note under 743.019 (Public comment on proposed rates for health insurance).