OAR 836-052-0850: Multiple Employer Trusts

(1) For purposes of ORS 743.560 and 743.562, a multiple employer trust is a trust to which a group health insurance policy has been issued, that is established and controlled by the insurer issuing the group health insurance policy. (2) Termination of a group health insurance policy includes termination of an employer’s participation in a group health insurance policy issued to a multiple employer trust described in this rule, whether or not the group policy itself terminates. (3) OAR 836-052-0840(1) does not apply to a multiple employer trust described in this rule. Instead, termination by an employer of the employer’s participation in a group health insurance policy issued to a multiple employer trust commences on the effective date of the employer’s termination of participation, unless participation is terminated because the policy is terminated.