Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Oregon To Hold State Mental Parity Hearing

Your article was successfully shared with the contacts you provided.

The Oregon Insurance Division is seeking public comments on implementation of a new state law that will affect state-regulated health insurers.

The law, created by the enactment of a 2005 bill, S.B. 1, requires affected health insurers to provide the same level of coverage for treatment of chemical dependency and mental or nervous conditions as they do for other medical conditions.

The Oregon Insurance Division is in the process of writing the administrative rules needed to put the law into effect.

The division has scheduled a March 20 hearing in Salem, Ore., to give members of the public a chance to discuss the administrative rules.

Regulators are especially interested in comments about:

- The definition of “mental and nervous conditions.”

- What constitutes “the same level” of coverage.

- What conditions might be excluded from coverage.

The hearing notice is on the Web at Document Link


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.