OAR 111-065-0030: Termination

(1) OEBB shall not be responsible for any unpaid portion of premiums for coverage and will terminate the early retiree and dependent coverage for non-payment or underpayment of premiums due. (2) OEBB coverage will be terminated under the following circumstances: (a) Premiums are not paid in full by the due date. If the payment is not received in full on the 2nd business day of the month unless otherwise preapproved by OEBB under OAR 111-065-0015(2), the early retiree’s coverage will be terminated on the last day of the month in which a full premium payment was received; or (b) As referenced in 111-050-0015.