Bill > HB3509

This bill creates a Community Escrow Fund in the Oregon State Treasury to manage reserves for Coordinated Care Organizations (CCOs), which are healthcare organizations that provide integrated medical services. The fund will work by having the Oregon Health Authority withhold a portion of each CCO's global budget payment and deposit it into a designated subaccount within the fund. By January 1, 2029, each CCO will have a subaccount containing $250,000 plus an additional amount equal to 50 percent of its total projected liabilities over $250,000. CCOs can request payments from their subaccount to cover costs not initially accounted for in their global budget, and the Oregon Health Authority will establish specific criteria for these withdrawal requests. The bill also modifies existing laws related to financial reporting and reserves for CCOs, allowing them to use these restricted reserves for operating expenses up to the total amount withheld by the authority. This approach aims to provide financial flexibility and stability for healthcare organizations while maintaining oversight of their financial management.

Health and Social Services

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB3509