OR SB119 | 2015 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 2)
Status: Failed on July 6 2015 - 100% progression
Action: 2015-07-06 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Summary

Requires insurer offering health benefit plans to provide annual notice to policyholders of specified information about Department of Consumer and Business Services' rate review process. Requires insurers to provide opportunity for enrollees to subscribe to electronic mailing list for rate filings. Requires department and Oregon Health Authority to jointly develop standards and metrics for health insurers' cost containment strategies and incorporate standards into premium rate review process. Requires department and authority to establish process for jointly expanding or refining cost containment strategies that may be considered in reviewing rate filings. Applies to rate filings for coverage beginning on or after January 1, 2017. Requires department to establish by rule, and using public process, methodology for projecting medical cost trends for use by insurers in calculating proposed rates. Requires department to specify exceptions to use of methodology. Applies to rate filings for coverage beginning on or after January 1, 2017. Requires Director of Department of Consumer and Business Services to post to website of department detailed explanation for approval of any health insurance rate filing that increases rates. Makes consideration of certain criteria related to approval of such rate increases mandatory. Declares emergency, effective October 1, 2015.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Relating to health insurance rate review; declaring an emergency.

Sponsors


History

DateChamberAction
2015-07-06SenateIn committee upon adjournment.
2015-01-20SenateReferred to Health Care.
2015-01-12SenateIntroduction and first reading. Referred to President's desk.

Oregon State Sources


feedback