Buying a short-term health plan in Oregon
- Oregon law limits short-term plans to three months, including renewals.
- A subsequent short-term plan purchased within 60 days of the termination of a short-term plan is considered a renewal.
- New federal rules that allow for longer short-term plans do not apply in Oregon.
- At least seven insurers offer short-term plans in Oregon.
Short-term plans limited to three months in Oregon?
The state statute [ORS 743B.005(16)(c)] also clarifies that “renewal” includes a scenario in which a person buys another short-term health plan from the same insurer within 60 days of the termination of a previous short-term health plan.
As long as a short-term plan doesn’t have a total duration of more than three months, and there’s at least a 60-day gap before the insurer issues an additional policy to the same person, the short-term plans are exempt from Oregon’s definition of “health benefit plan” and the associated state regulations.
The Trump Administration’s new regulations, which allow for longer short-term plans, do not apply in Oregon. The federal rules are clear in noting that a state can impose stricter guidelines, and the Oregon Department of Financial Regulation has published guidance relating to short-term health insurance, clarifying that the state’s rules will remain in force.
Which insurers offer short-term plans in Oregon?
- Companion Life
- Everest Prime
- Independence American Insurance Company
- National General
- United Healthcare (Golden Rule)
Louise Norris is an individual health insurance broker who has been writing about health insurance and health reform since 2006. She has written dozens of opinions and educational pieces about the Affordable Care Act for healthinsurance.org. Her state health exchange updates are regularly cited by media who cover health reform and by other health insurance experts.