The Oregon Department of Consumer & Business – Insurance Division regulates the Oregon medical insurance sector in Oregon. This means that all insurance companies operating on the state of Oregon must register with the department. They have to compile with Oregon’s insurance regulations and must file all documents that you use in their solicitation of new members. They also have to submit their policies and mood of operations. These documents are then reviewed by the Oregon Insurance Division to ensure that they are in the best interest of Oregon citizens.
As part of the regulation procedure, they have to be properly funded, have adequate number of doctors, assistants, dentists, and staff so that customers and patients do not have to wait to long. They basically ensure that we get what they advertise and provide sufficient health care.