Or. Admin. Code § 836-150-0040
Current through Register Vol. 63, No. 11, November 1, 2024
Section 836-150-0040 - Reinsurance Parameters(1) For the benefit year beginning on January 1, 2020 the parameters for the Oregon Reinsurance Program are: (a) An attachment point of $90,000;(b) A reinsurance cap of $1,000,000; and(c) A coinsurance rate of fifty percent.(2) For the benefit year beginning on January 1, 2021 the parameters for the Oregon Reinsurance Program are: (a) An attachment point of $83,000;(b) A reinsurance cap of $1,000,000; and(c) A coinsurance rate of fifty percent.(3) For the benefit year beginning on January 1, 2022 the parameters for the Oregon Reinsurance Program are:(a) An attachment point of $92,000;(b) A reinsurance cap of $1,000,000; and(c) A coinsurance rate of fifty percent.(4) For the benefit year beginning on January 1, 2023 the parameters for the Oregon Reinsurance Program are: (a) An attachment point of $95,000;(b) A reinsurance cap of $1,000,000; and(c) A coinsurance rate of fifty percent.(5) For the benefit year beginning on January 1, 2024 the parameters for the Oregon Reinsurance Program are:(a) An attachment point of $95,000;(b) A reinsurance cap of $1,000,000; and(c) A coinsurance rate of fifty percent.Or. Admin. Code § 836-150-0040
ID 38-2018, adopt filed 12/19/2018, effective 1/1/2019; ID 8-2019, temporary amend filed 10/25/2019, effective 10/25/2019 through 4/21/2020; ID 2-2020, amend filed 04/24/2020, effective 4/24/2020; ID 2-2021, amend filed 01/21/2021, effective 2/1/2021; ID 12-2021, amend filed 12/16/2021, effective 1/1/2022; ID 1-2023, amend filed 01/24/2023, effective 1/31/2023; ID 55-2023, amend filed 12/21/2023, effective 1/1/2024Statutory/Other Authority: ORS 731.244 & Or Laws 2017, ch 538, sec 19
Statutes/Other Implemented: Or Laws 2017, ch 538, sec 18-21