DCBS Media Release
November 12, 2003
State fines ODS Health Plan for insurance violations
SALEM – ODS Health Plan, Inc., has been fined $17,500 for past violations of state insurance laws and administrative rules.
The Portland-based health insurer potentially faces an additional $20,000 penalty if the Insurance Division of the Department of Consumer & Business Services (DCBS) finds that the company hasn't corrected problems first identified during market conduct examinations in the 1990s.
"We'll determine if an additional fine is warranted after we complete a follow-up examination of the company's operations within the next six months," said Oregon Insurance Administrator Joel Ario.
The $17,500 fine was imposed after a review of company records dated July through September of 2001, completed this year, found that ODS still hadn't corrected a number of violations identified in earlier market conduct exams. These included:
The Insurance Division regulates insurance companies and agents doing business in Oregon. Copies of the division's enforcement actions are available on its Web site.