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Background
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The
Legislature created the guaranty contract in 1965 as the way employers
and insurers provide proof of workers' compensation coverage to the
department. When an employer obtains workers' compensation coverage
by purchasing an insurance policy from an insurer, the insurer is
required to file a guaranty contract with the department. The guaranty
contract is an agreement between the insurer and the state, where
the insurer assumes the employer's liability for payment of compensation
to injured workers. |
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In
2007, the legislature passed Senate
Bill 559 which removes the requirement for a guaranty contract
filing and instead requires the insurer to provide insurance policy
information to the department as the proof of workers' compensation
coverage. The bill streamlines reporting requirements for insurers
and eliminates an unnecessary, duplicate filing with the department.
SB 559 is operative on July 1, 2009. |
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| Sign
up for project e-mail notices |
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| Stakeholder
meeting information |
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Meeting
agendas and materials from preliminary stakeholder meetings in 2007
and 2008 |
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| Project
updates |
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1/9/08
- Industry Notice about Proof of Coverage Changes |
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| Rules |
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Rulemaking
Advisory Committee meeting information |
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Proposed rules filed with Secretary of Sate on July 15, 2008
*new
Proposed
OAR 436-050
Proposed
OAR 436-160
Note: Public hearing on draft rules is scheduled for August
21, 2008. Please see details in the rules documents (linked to above). |
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Please
contact Fred Bruyns
with questions about the rulemaking process, 503-947-7717. |
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| EDI
technical information coming
soon |
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| Questions
or Comments? Contact: |
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WCD
Project Sponsor - Phil
Jarvis, 503-947-7600 |
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IMD
Project Manager - Karen
Snipes, 503-947-7332 |
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