1. (1) An insurer may not sell insurance under a group policy to members of a group of day care facilities unless:

   1. (a) The insurer has satisfied the filing requirements of this rule with respect to that policy; and
   2. (b) The Director has approved the policy as meeting the requirements of OAR 836-042-0400 to 836-042-0430.

2. (2) An insurer shall file the following with the Director with respect to each group policy for day care facilities that the insurer proposes to sell:

   1. (a) The name of the group;
   2. (b) The name of each day care facility in the group;
   3. (c) A description of the kind or class of insurance provided to the group;
   4. (d) A copy or a specific explanation of the risk management plan for the group;
   5. (e) A specific explanation of the means by which the policy provides for reduced or returned premiums for members of the group;
   6. (f) A specific description of the rating system to be used for rating group members.

Statutory/Other Authority

ORS 731 & 737

Statutes/Other Implemented

ORS 737.600(3)(g)

History

ID 7-1987, f. & ef. 12-11-87