Oregon Statutes 414.880 – Managed care organization assessment; rate
(1) As used in this section and ORS § 414.882 and 414.902:
Terms Used In Oregon Statutes 414.880
- Coordinated care organization: means an organization meeting criteria adopted by the Oregon Health Authority under ORS § 414. See Oregon Statutes 414.025
- Health services: means at least so much of each of the following as are funded by the Legislative Assembly based upon the prioritized list of health services compiled by the Health Evidence Review Commission under ORS § 414. See Oregon Statutes 414.025
- State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
(a) ‘Managed care organization’ means:
(A) A coordinated care organization as defined in ORS § 414.025; and
(B) A prepaid managed care health services organization as defined in ORS § 414.025.
(b) ‘Premium equivalent’ means the payments made to the managed care organization by the Oregon Health Authority for providing health services under ORS Chapter 414.
(2) No later than 45 days following the end of a calendar quarter, a managed care organization shall pay an assessment at a rate of two percent of the gross amount of premium equivalents received during that calendar quarter.
(3) The assessment shall be paid to the authority in a manner and form prescribed by the authority.
(4) Assessments received by the authority under this section shall be paid into the State Treasury and credited to the Health System Fund established under section 2, chapter 538, Oregon Laws 2017.
(5) The assessment imposed under this section is in addition to and not in lieu of any tax, surcharge or other assessment imposed on a managed care organization. [2017 c.538 § 9; 2019 c.2 § 9]
414.880 to 414.884 and 414.902 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS Chapter 414 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.