Current through 2024 Regular Session legislation
Section 243.872 - Requirements when board offers long term care benefit plan(1) If the Oregon Educators Benefit Board offers a long term care benefit plan under ORS 243.870, the board shall:(a) Develop effective and cost-effective ways to make the plan available; and(b) In consultation with the Public Employees Retirement System, develop plan specifications, eligibility rules, underwriting guidelines and consumer educational materials.(2) The educational materials that the board develops for eligible employees under subsection (1) of this section shall provide information on the potential need for long term care, methods of financing long term care and the availability of long term care benefit plans offered by the board.Amended by 2019 Ch. 98,§ 4, eff. 1/1/2020.