2015 ORS § 743.826¹
Requirements for catastrophic plans

(1) As used in this section:

(a) Catastrophic plan means a health benefit plan that meets the requirements for a catastrophic plan under 42 U.S.C. 18022(e).

(b) Minimum essential coverage has the meaning given that term in section 5000A(f) of the Internal Revenue Code.

(2) A carrier may offer a catastrophic plan only to an individual who:

(a) Is under 30 years of age at the beginning of the plan year; or

(b) Is exempt from any state or federal penalties imposed for failing to maintain minimum essential coverage during the plan year. [2011 c.322 §4; 2012 c.38 §22; 2015 c.3 §54; 2015 c.515 §24]

Note: See first note under 743.824 (Cash dividends for healthy behaviors).