(1) The association or group must be composed of five or more employers that are in the same trade or industry, including employers in closely related businesses that provide support, services or supplies primarily to that trade or industry.
(2) The association or group must be engaged in substantive activity for its members other than sponsorship of an employee welfare benefit plan.
(3) At the time of application for a certificate of multiple employer welfare arrangement, the association or group must have applications for participation in the multiple employer welfare arrangement from five or more employers and show that it will provide similar benefits for 200 or more participating employees.
(4) The association or group must have been in existence as an association or group described in subsection (1) of this section for a period of not less than two years prior to the date of application for the certificate of multiple employer welfare arrangement.
(5) The association or group must establish and maintain an employee welfare benefit plan through the multiple employer welfare arrangement, and the plan must be controlled and sponsored directly by participating employers.
(6) The association or group must show that the annual gross contributions of the employee welfare benefit plan will be not less than $50,000 for a plan that provides only vision benefits, $175,000 for a plan that provides only dental benefits, and $450,000 for any other plan. [1993 c.615 ยง5]
Note: See note under 750.301.
Structure 2021 Oregon Revised Statutes
Volume : 18 - Financial Institutions, Insurance
Section 750.005 - Definitions.
Section 750.015 - Management to include representatives of public.
Section 750.035 - Regulation of hospital care associations under prior law; exceptions.
Section 750.045 - Required capitalization; bond, security or letter of credit; exemptions.
Section 750.055 - Other provisions applicable to health care service contractors; rules.
Section 750.085 - Offer of replacement coverage upon order of liquidation; procedure; rules.
Section 750.095 - Requirements of contract between provider and subscriber; content.
Section 750.301 - Definitions for ORS 750.301 to 750.341.
Section 750.303 - Conditions for use of multiple employer welfare arrangement; permitted coverage.
Section 750.305 - Application for certificate.
Section 750.307 - Requirements for association or group.
Section 750.309 - Requirements for trust.
Section 750.311 - Multiple employer welfare arrangements established in another state.
Section 750.313 - Issuance or refusal of certificate of multiple employer welfare arrangement.
Section 750.315 - Maintenance of reserves; actuarial opinion; rules.
Section 750.317 - Board of trustees.
Section 750.318 - Officers and persons appointed to act on behalf of board; bond.
Section 750.319 - Salaries; other compensation.
Section 750.321 - Assessment; maintenance of capital and surplus.
Section 750.323 - Notice of coverage under plan.
Section 750.325 - Filings by trust.
Section 750.327 - Examinations.
Section 750.331 - Prohibited activities for trustee or officer.
Section 750.333 - Applicable provisions of Insurance Code; rules.
Section 750.335 - Delinquency proceedings.
Section 750.339 - Liability of excess loss insurer.
Section 750.505 - Definitions for ORS 750.505 to 750.715.
Section 750.525 - Inapplicability of ORS 750.505 to 750.715 to certain legal services.
Section 750.535 - Registration requirements.
Section 750.545 - Application; fee.
Section 750.555 - Issuance of certificate of registration.
Section 750.565 - Duration of certificate; renewal; fee.
Section 750.585 - Written provider agreement with providing attorney.
Section 750.595 - Membership agreement.
Section 750.635 - Registered agent and registered office in state required.
Section 750.685 - Indemnification insurance or bond required.