Oregon Statutes 243.872 – Requirements when board offers long term care benefit plan
Current as of: 2023 | Check for updates
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(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. [2007 c.7 § 7; 2019 c.98 § 4]
See note under 243.860.