Oregon § 743B.323 Separate notice to policyholder required before cancellation of individual or group health insurance policy for nonpayment of premium; rules

Oregon Statutes

§ 743B.323 — Separate notice to policyholder required before cancellation of individual or group health insurance policy for nonpayment of premium; rules

Oregon § 743B.323

Vol.18

Title 56Insurance

Ch. 743BHealth Benefit Plans: Individual and Group

This text of Oregon § 743B.323 (Separate notice to policyholder required before cancellation of individual or group health insurance policy for nonpayment of premium; rules) 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. § 743B.323 (2026).

Text

(1)Before a health insurer selling an individual policy or group health benefit plan may cancel a policy for nonpayment of premium, the insurer must mail a separate notice to the policyholder informing the policyholder that the premium was not received and that the policy will be terminated as of the premium due date if the premium is not received by the end of the applicable grace period required by ORS 743.417 and 743B.320.

(2)The notice described in subsection (1) of this section shall be in writing and mailed by first class mail to the last-known address of the policyholder at least:

(a)Ten days prior to the end of the grace period specified in ORS 743.417 (1)(a) and 743B.320; or

(b)Fifteen days prior to the end of the grace period specified in ORS 743.417 (1)(b).

(3)The Departmen

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(1) Before a health insurer selling an individual policy or group health benefit plan may cancel a policy for nonpayment of premium, the insurer must mail a separate notice to the policyholder informing the policyholder that the premium was not received and that the policy will be terminated as of the premium due date if the premium is not received by the end of the applicable grace period required by ORS 743.417 and 743B.320.
(2) The notice described in subsection (1) of this section shall be in writing and mailed by first class mail to the last-known address of the policyholder at least:
(a) Ten days prior to the end of the grace period specified in ORS 743.417 (1)(a) and 743B.320; or
(b) Fifteen days prior to the end of the grace period specified in ORS 743.417 (1)(b).
(3) The Department of Consumer and Business Services may prescribe by rule the information that must be contained in the notice required by subsection (1) of this section.