Bill > HB3374

This bill allows the State Accident Insurance Fund Corporation (SAIF) to form or acquire subsidiaries to provide managed care services to injured workers. The bill establishes a five-member board of directors for these subsidiaries, with members appointed by the Governor and subject to Senate confirmation. Each subsidiary board will include one labor representative, one management representative, and three SAIF-recommended members. The bill requires an annual audit by the Department of Consumer and Business Services to ensure proper separation between claims processing and managed care services. Key provisions include giving SAIF and its subsidiaries the ability to provide managed care services, solicit medical providers, and coordinate medical services for injured workers. The bill also specifies board governance details such as term lengths, meeting requirements, and reporting obligations. Members of the subsidiary boards are prohibited from having financial interests in workers' compensation insurance businesses, and the board's primary function is to establish policies for the subsidiary's operation. The bill takes effect 91 days after the 2025 legislative session adjourns, aiming to enhance SAIF's flexibility in managing workers' compensation medical services.

Labor and Employment

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB3374