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Assessment on health premiums
House Bill 2116

Updates

The 2009 Legislature passed House Bill 2116 instituting a 1 percent assessment on certain Oregon health premiums to fund health insurance for uninsured children and adults. Governor Ted Kulongoski signed the bill into law on August 4, 2009. This assessment is effective October 1, 2009. The first payment is due February 15, 2010, for the fourth quarter of 2009 (October through December).

Online premium reporting system: Each insurer will be asked to name a contact person and a person who will act as administrator of the company's passwords for the new online system we are designing for reporting premiums. The division will send a letter in late November to all insurers who have authority to write health insurance requesting a contact person and administrator. This letter will be mailed to the company's tax address. We are working to have the online system ready for test drives in December, 2009.

Find additional guidance on this tax at: http://insurance.oregon.gov/bulletins.html

Request an exemption: If your company is authorized to write health insurance but doesn't have any premium, you must have a password and request an annual exemption. You must request the exemption before the first filing deadline of February 15, 2010.

Does your company have authority to write health insurance? You can check your authorizations at https://sbs-or.naic.org/Lion-Web/jsp/sbsreports/CompanySearchLookup.jsp. Out of 700 companies that are authorized for health, only about 400 wrote health insurance in 2008 in Oregon. All companies authorized for health will have to make the initial filing on February 15, 2010.

Additional information: Once we define each type of premium that will be included or excluded in the new tax, we will provide that information at http://insurance.oregon.gov/insurer/insurer.html

Contact: We welcome your questions as we work out details of this new assessment.
Lynette Hadley 503-947-7046 lynette.m.hadley@state.or.us or
Shannon O'Shea 503-947-7218 shannon.oshea@state.or.us