ORS 743.665: Prompt pay requirements; rules.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
The Director of the Department of Consumer and Business Services shall adopt by rule prompt payment requirements for long term care insurance. The rules shall include a definition of “claim” and a definition of “clean claim.” In adopting the rules, the director shall consider the prompt payment requirements in long term care insurance model acts developed by the National Association of Insurance Commissioners. [2011 c.69 §2]
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors743.html