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October 17, 2001 at 08:00 PM
NU Online News Service, Oct. 17, 5:22 p.m. – The Oregon Department of Consumer and Business Services Insurance Division held a hearing last week on a new rule that should cut some cut red tape for state-regulated health insurers.
The proposed rule, OAR 836?053-0001, would permit health insurers to change their health plans without sending out policy discontinuation notices.
Under the old rules, a health insurer that made even small changes had to give policyholders 180 days’ notice and offer replacement coverage.
