2007 legislative summary
Issues relating to health insurance and to coverage of health needs
were particularly prominent in the 2007 session of the Oregon
Legislative Assembly. Major legislation included a requirement that
health insurers provide consumers with advance estimates of costs for
certain medical procedures, an expansion of the small employer group
pools to a maximum of 50 employees, public access to health insurance
rate filings, and several mandated health insurance benefits.
Topics addressed in other areas of insurance include the regulation
of variable annuities as securities, and the expansion of recovery
available under motor vehicle liability insurance policies when a public
body is at fault or when a family member is injured.
Other bills of interest are those that will expedite the review and
approval of policy forms for life insurance, annuities and disability
insurance; reduce minimum group membership requirements for life
insurance; enact the Oregon Consumer Theft Protection Act; and eliminate
the guaranty contract requirement for workers’ compensation insurance.
Of general interest is legislation providing for the licensing and
regulation of discount medical plan organizations and for a warranty
program for vehicle theft protection products. Of interest to domestic
insurers is legislation affecting residency requirements for members of
an insurer’s board of directors.