OAR 111-065-0025: Early Retiree Underpayments

(1) Premiums must be paid in full on or before the 2nd business day of the month, unless otherwise pre-approved by OEBB under OAR 111-065-0015(2). (2)(a) Early Retirees will be notified if their coverage was terminated due to the premium not being paid in full on the specified due date, including payments returned by the bank for Non-Sufficient Funds (NSF), closed bank accounts, and frozen accounts. (b) A check or ACH transaction that is returned for NSF, closed bank account, or frozen account is considered non-payment of premiums.