summary
Introduced
01/21/2025
01/21/2025
In Committee
05/12/2025
05/12/2025
Crossed Over
04/09/2025
04/09/2025
Passed
06/06/2025
06/06/2025
Dead
Signed/Enacted/Adopted
06/06/2025
06/06/2025
Introduced Session
2025 Legislative Measures
Bill Summary
AN ACT Relating to self-insured employers; amending ORS 656.407 and 656.430.
AI Summary
This bill updates Oregon's laws regarding self-insured employers by expanding the categories of entities eligible for self-insurance and clarifying requirements for financial security and certification. Specifically, the bill adds school districts to the list of entities that can potentially qualify for self-insurance exemptions, modifies the definitions and requirements for establishing financial ability to self-insure, and provides more detailed guidelines about security deposits, loss reserve accounts, and group self-insurance. The bill requires self-insured employers to demonstrate they have adequate staff to process claims promptly and financial capability to make required payments, and allows the Director of the Department of Consumer and Business Services to adjust security requirements based on an employer's financial viability and operational continuity. Additionally, the bill provides more precise rules about majority ownership, group self-insurance certifications, and the process for joining or leaving a self-insured employer group, with particular attention to governmental entities like cities, counties, and school districts. These changes aim to provide more flexibility and clarity for self-insured employers while maintaining robust financial protections for workers.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Effective date, January 1, 2026. (on 06/06/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
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