OAR 836-042-0415: Day Care Facilities; Prohibition; Requirements; Filing

(1) An insurer may not sell insurance under a group policy to members of a group of day care facilities unless: (a) The insurer has satisfied the filing requirements of this rule with respect to that policy; and (b) The Director has approved the policy as meeting the requirements of OAR 836-042-0400 to 836-042-0430. (2) An insurer shall file the following with the Director with respect to each group policy for day care facilities that the insurer proposes to sell: (a) The name of the group; (b) The name of each day care facility in the group; (c) A description of the kind or class of insurance provided to the group; (d) A copy or a specific explanation of the risk management plan for the group; (e) A specific explanation of the means by which the policy provides for reduced or returned premiums for members of the group; (f) A specific description of the rating system to be used for rating group members.