2007 Regular Session
|At the request of:|
|Chief Sponsors:||Representative Richardson|
|Bill Title:||Relating to health insurance; appropriating money.|
|Catchline/Summary:||Establishes Oregon Health Insurance Exchange to facilitate provision of insurance products to eligible individuals and employers.
Specifies composition, duties and functions of exchange. Establishes guaranteed issue and renewal for participating insurance plans. Specifies maximum deductible, coinsurance and out-of-pocket expenses. Requires coverage of specified services. Requires Director of Department of Consumer and Business Services to certify participating plans. Requires plans to offer Health Benefit Account option. Requires plans to issue standardized Oregon Health Card for payment of health services. Requires every Oregon resident enrolled in participating plans to file income tax return regardless of income. Provides that return must require information sufficient to assess citizenship, immigration status and residency. Allows taxpayer deduction from taxable income for costs of participating insurance plan. Establishes web-based Insurance Policy Access Center to provide information about available plans, assistance in choosing plans and information and assistance regarding end-of-life documents.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|