Or. Admin. R. 411-027-0150
Current through Register Vol. 63, No. 8, August 1, 2024
Section 411-027-0150 - Repayment of Premium Deposits for Workers' CompensationThose providers on whose behalf the Department made a Workers' Compensation premium deposit in accordance with OAR 411-027-0010 (suspended 2-8-91 and repealed 5-1-91) shall repay the deposit amount to the Department at such time that the need for the deposit no longer exists. The Department shall consider the need for the deposit no longer exists when certain conditions occur. Such conditions include, but are not limited to:
(1) The provider sells, transfers, or otherwise goes out of business; (2) The provider enters into bankruptcy; (3) The provider's Workers' Compensation insurer no longer requires the deposit; or (4) The Department owes monies to a nursing facility at the time of each annual settlement. Such monies shall be applied against the premium deposit amount until such time the total deposit is recovered.Or. Admin. R. 411-027-0150
SSD 5-1991(Temp), f. & cert. ef. 2-8-91; SSD 9-1991, f. & cert. ef. 5-1-91; SDSD 10-2001, f. 12-27-01, cert. ef. 1-1-02, Renumbered from 411-027-0015; SPD 7-2008, f. 5-29-08, cert. ef. 6-1-08; SPD 7-2008, f. 5-29-08, cert. ef. 6-1-08; APD 33-2014, f. & cert. ef. 9-2-14Stat. Auth.: ORS 410.070
Stats. Implemented: ORS 410.070