2015 ORS 743.650¹
Long Term Care Insurance Act
  • purpose
  • application

(1) ORS 743.650 (Long Term Care Insurance Act) to 743.665 (Prompt pay requirements) may be known and cited as the "Long Term Care Insurance Act."

(2) The purpose of ORS 743.650 (Long Term Care Insurance Act) to 743.665 (Prompt pay requirements) is to:

(a) Promote the public interest in long term care insurance;

(b) Promote the availability of long term care insurance policies;

(c) Protect applicants for long term care insurance from unfair or deceptive sales or enrollment practices;

(d) Establish standards for long term care insurance;

(e) Facilitate public understanding and comparison of long term care insurance policies;

(f) Facilitate flexibility and innovation in the development of long term care insurance coverage; and

(g) Ensure that Oregon residents who purchase insurance for long term care shall have access to policies providing for a comprehensive range of benefits.

(3) The requirements of ORS 743.650 (Long Term Care Insurance Act) to 743.665 (Prompt pay requirements), 748.603 (Relationship to other insurance laws) and 750.055 (Other provisions applicable to health care service contractors) apply to policies and certificates delivered or issued for delivery in this state on or after December 31, 1989. ORS 743.650 (Long Term Care Insurance Act) to 743.665 (Prompt pay requirements), 748.603 (Relationship to other insurance laws) and 750.055 (Other provisions applicable to health care service contractors) are not intended to supersede the obligations of entities subject to ORS 743.650 (Long Term Care Insurance Act) to 743.665 (Prompt pay requirements), 748.603 (Relationship to other insurance laws) and 750.055 (Other provisions applicable to health care service contractors) to comply with the substance of other applicable insurance laws insofar as such laws do not conflict with ORS 743.650 (Long Term Care Insurance Act) to 743.665 (Prompt pay requirements), 748.603 (Relationship to other insurance laws) and 750.055 (Other provisions applicable to health care service contractors), except that laws and rules designed and intended to apply to Medicare supplement insurance policies shall not be applied to long term care insurance. A policy that is not advertised, marketed or offered as long term care insurance or nursing home insurance is not required to meet the requirements of ORS 743.650 (Long Term Care Insurance Act) to 743.665 (Prompt pay requirements), 748.603 (Relationship to other insurance laws) and 750.055 (Other provisions applicable to health care service contractors). [1989 c.1022 §§1,2,3; 2007 c.486 §1]


1 Legislative Counsel Committee, CHAPTER 743—Health and Life Insurance, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors743.­html (2015) (last ac­cessed Jul. 16, 2016).
 
2 OregonLaws.org contains the con­tents of Volume 21 of the ORS, inserted along­side the per­tin­ent statutes. See the preface to the ORS An­no­ta­tions for more information.
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.