Oregon § 743.826 Requirements for catastrophic plans

Oregon Statutes

§ 743.826 — Requirements for catastrophic plans

Oregon § 743.826

Vol.18

Title 56Insurance

Ch. 743Health and Life Insurance and Annuities

This text of Oregon § 743.826 (Requirements for catastrophic plans) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 743.826 (2026).

Text

(1)As used in this section:

(a)“Catastrophic plan” means a health benefit plan that meets the requirements for a catastrophic plan under 42 U.S.C. 18022(e).

(b)“Minimum essential coverage” has the meaning given that term in section 5000A(f) of the Internal Revenue Code.

(2)A carrier may offer a catastrophic plan only to an individual who:

(a)Is under 30 years of age at the beginning of the plan year; or

(b)Is exempt from any state or federal penalties imposed for failing to maintain minimum essential coverage during the plan year.

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(1) As used in this section:
(a) “Catastrophic plan” means a health benefit plan that meets the requirements for a catastrophic plan under 42 U.S.C. 18022(e).
(b) “Minimum essential coverage” has the meaning given that term in section 5000A(f) of the Internal Revenue Code.
(2) A carrier may offer a catastrophic plan only to an individual who:
(a) Is under 30 years of age at the beginning of the plan year; or
(b) Is exempt from any state or federal penalties imposed for failing to maintain minimum essential coverage during the plan year.