Oregon Code § 743.665·Enacted ·Last updated March 01, 2026
Statute Text
Prompt
pay requirements; rules.
The Director of the Department of Consumer and Business Services shall adopt by
rule prompt payment requirements for long term care insurance. The rules shall
include a definition of claim and a definition of clean claim. In adopting
the rules, the director shall consider the prompt payment requirements in long
term care insurance model acts developed by the National Association of
Insurance Commissioners. [2011 c.69 §2]
Plain English Explanation
This Oregon statute addresses Prompt
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 743.665
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Prompt
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