Bill Text: OR HB4046 | 2012 | Regular Session | Engrossed

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relating to exemption from assessment on gross amount of premiums; and prescribing an effective date.

Spectrum: Bipartisan Bill

Status: (Passed) 2012-03-05 - Chapter 15, (2012 Laws): Effective date September 29, 2013. [HB4046 Detail]

Download: Oregon-2012-HB4046-Engrossed.html

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     76th OREGON LEGISLATIVE ASSEMBLY--2012 Regular Session

NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .

LC 52

                           A-Engrossed

                         House Bill 4046
                 Ordered by the House February 9
           Including House Amendments dated February 9

Sponsored by Representative ROBLAN; Representatives DOHERTY,
  FREEMAN, HANNA, HOYLE, KENNEMER, PARRISH, THOMPSON, Senators
  MONNES ANDERSON, MONROE, MORSE, WINTERS (Presession filed.)

                             SUMMARY

The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure.

  Exempts certain accident only, specified disease and hospital
indemnity insurance policies from payment of assessment on gross
amount of premiums.
  Takes effect   { - July 1 - }  { +  September 29 + }, 2013.

                        A BILL FOR AN ACT
Relating to exemption from assessment on gross amount of
  premiums; amending ORS 743.960; and prescribing an effective
  date.
Be It Enacted by the People of the State of Oregon:
  SECTION 1. ORS 743.960 is amended to read:
  743.960. As used in this section and ORS 743.961:
  (1) 'Gross amount of premiums' has the meaning given that term
in ORS 731.808.
  (2) 'Health plan' means health insurance and insurance provided
by a health care service contractor as defined in ORS 750.005,
excluding:
  (a) Insurance policies covering vision only or dental only
benefits;
  (b) Medicare advantage plans;
  (c) Medicare Part D plans;
  (d) Long term care insurance;
  (e) Health insurance issued to federal employees that is exempt
from state taxes under federal law;
  (f) A policy of stop-loss coverage that meets the requirements
of ORS 742.065;
  (g) Insurance policies issued to supplement liability insurance
coverage;
  (h) Automobile medical payment insurance or insurance under
which benefits are payable with or without regard to fault and
that is required by law to be contained in a liability insurance
policy or equivalent self-insurance;
  (i) Reinsurance as defined in ORS 731.126;
  (j) Workers compensation insurance;   { - and - }
  (k) Disability insurance { + ; and

  (L) Accident only, specified disease and hospital indemnity
policies, if the policies pay benefits on an indemnity basis + }.
  SECTION 2.  { + This 2012 Act takes effect on September 29,
2013. + }
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