Oregon Revised Statutes Chapter 750 § 750.305 — Application for certificate

Application for certificate. An association or group of employers seeking to provide health benefits through a multiple employer welfare arrangement must apply for a certificate of multiple employer welfare arrangement on a form prescribed by the Director of the Department of Consumer and Business Services. The application must be completed and submitted to the director along with all of the following: (1) Copies of all articles, bylaws, agreements and other documents or instruments describing the rights and obligations of employers, employees and beneficiaries with respect to the multiple employer welfare arrangement. (2) A copy of the trust agreement of the multiple employer welfare arrangement. (3) Current financial statements of the multiple employer welfare arrangement on the basis of statutory accounting principles. (4) Proof of a bond for the purpose and in the form and amount required by ORS 750.318. (5) A statement showing in full detail the plan for offering health care benefits through the multiple employer welfare arrangement. The plan must show that the association or group of employers and the trust meet the requirements of ORS 750.307 and