The Director of the Department of Consumer and Business Services shall by rule establish guidelines for the application of ORS 743.549, including:
(1) The procedures by which persons insured under such policies are to be made aware of the existence of such a provision;
(2) The benefits which may be subject to such a provision;
(3) The effect of such a provision on the benefits provided;
(4) Establishment of the order of benefit determination; and
(5) Reasonable claim administration procedures to expedite claim payments under such a provision which shall include a time limit of 14 days beyond which the insurer shall not delay payment of a claim by reason of the application of coordination of benefits provision. [1973 c.143 §3]
Section: Previous 743.534 743.537 743.540 743.543 743.546 743.549 743.550 743.552 743.555 743.556 743.557 743.558 743.559 743.560 743.561 NextLast modified: August 7, 2008