Health Care Service Contractors

ORS 750.615
Deposit to reimburse members for unearned premiums required


An organization shall deposit in an account that is maintained separately from operating funds an amount reasonably calculated to reimburse plan members for unearned premiums. The organization shall hold the amount in a fiduciary capacity. Records shall be kept of all deposits and receipts for a period of not less than six years. [1989 c.331 §14]
Chapter 750

Notes of Decisions

These sections, covering health care contractors, made applicable to defendant, nonprofit provider of health care services, regulation by state law, as required by McCarran-Ferguson Act, 15 U.S.C. 1011 et seq. Klamath Lake Pharm. Assn. v. Klamath Medical Service Bureau, 507 F Supp 980 (1981)


Source

Last accessed
Jun. 26, 2021