Around the PIA Western Alliance States – Week of November 20, 2023

Oregon — Bulletin DFR 2023-5: Withdrawal of Bulletins DFR 2020-7, 2020-8, 2020-9, 2020-10, 2020-11, 2020-13, and 2020-14: To all entities transacting insurance in Oregon; all Oregon-regulated lenders and loan servicers; all Oregon-regulated pawnbrokers; all Oregon regulated collection agencies and debt buyers,

The Oregon Division of Financial Regulation has issued a bulletin regarding the withdrawal of bulletins DFR 2020-7, 2020-8, 2020-9, 2020-10, 2020-11, 2020-13, and 2020-14.

Purpose

The purpose of this bulletin is to withdraw Covid-era bulletins DFR 2020-7, 2020-8, 2020-9, 2020-10, 2020-11, 2020-13, and 2020-14.

Click here to review this bulletin: https://dfr.oregon.gov/laws-rules/Documents/Bulletins/bulletin2023-05.pdf

Oregon — To all entities transacting insurance in Oregon; all Oregon-regulated lenders and loan servicers; all Oregon-regulated pawnbrokers; all Oregon regulated collection agencies and debt buyers: The Oregon Division of Financial Regulation has issued a bulletin regarding the withdrawal of bulletins DFR 2020-7, 2020-8, 2020-9, 2020-10, 2020-11, 2020-13, and 2020-14.

Purpose

The purpose of this bulletin is to withdraw Covid-era bulletins DFR 2020-7, 2020-8, 2020-9, 2020-10, 2020-11, 2020-13, and 2020-14.

Click here to review this bulletin: https://dfr.oregon.gov/laws-rules/Documents/Bulletins/bulletin2023-05.pdf

Oregon — DCBS to host public meeting on prescription drug prices Dec. 7: The Oregon Department of Consumer and Business Services (DCBS) will be hosting a public hearing on prescription drug prices on Thursday, Dec. 7, from 1:30 to 4 p.m. via Zoom. The public is invited to participate and here are some ways you can:

Share your stories. DCBS is asking for the public’s help before the 2023 public hearing on prescription drug prices. The department has set up a brief survey for consumers to share their stories about rising prescription drug prices. Drug prices play a major role in health care decisions of Oregonians, and the cost of prescription drugs have steadily increased. The department wants to hear your stories about the costs of prescription drugs and how it has affected you and your family. The previous testimonials are available on our website.

Attend the hearing via Zoom. There will be opportunities for public comment, and Oregon legislators will serve as moderators for panel presentations. We encourage you to testify at the hearing or provide written testimony. For more information about the hearing, email rx.prices@dcbs.oregon.gov.

Some of the agenda items this year will be highlights and recommendations from the Drug Price Transparency team, including:

Diabetic drugs approved for weight loss. There will be presentations on drugs approved to treat diabetes that are now also approved for chronic weight management for nondiabetic adults with obesity.

 What determines the costs of a generic prescription drug and why are they so expensive? There will be presentations about why some generics are so expensive and have a very small discount when compared to the brand-name drug.

You can learn more about the agenda on our website. The Prescription Drug Price Transparency Act (ORS 646A.689) directed the Oregon Department of Consumer and Business Services to establish a transparency program to accept reports and disclose certain information from prescription drug manufacturers, health insurance carriers, and consumers on drug prices. The goal of the program is to provide accountability for prescription drug pricing through the notice and disclosure of specific drug costs and price information from pharmaceutical manufacturers, health insurers, and consumers.

Oregon — Republican Drug Crisis Plea:

November 10, 2023

Via Electronic Mail

The Honorable Tina Kotek

Office of the Governor

900 Court Street NE, Suite 254

Salem, Oregon 97301

Dear Governor Kotek,

Senate Republicans are asking you to declare a state of emergency on Measure 110. We also join Representative Reschke and Senator Brock Smith in asking you to convene a special session to immediately address Oregon’s drug addiction crisis. On average, 3 Oregonians die each day from an unintended drug overdose. Senate Republicans are committed to fixing this now, not in 3 months.

Since the implementation of Measure 110, all drug overdoses rose 61%1 and fentanyl overdoses rose nearly 600%2. Today, police say pills laced with fentanyl can be purchased for as little as 80 cents each – making it both inexpensive and convenient for users. These “chemical bullets” are taking mass casualties on our streets, and we must do something about it.

Oregon voters feel that Measure 110 has made addiction, homelessness, and crime worse3. Last session, Republicans brought forward several bills that would have helped alleviate these crises, yet Democrat leaders repeatedly lacked the insight and urgency to act. Oregonians want implemented solutions, not ‘too little, too late’ discussions in an interim committee.

Families deserve to feel safe in their communities and every Oregonian deserves to life a life free of addiction. We cannot wait until the short session to finally do something about Measure 110 – people are dying on our streets every single day. As Governor, you have the power to help us solve this crisis. Senate Republicans implore you to act today.

Washington — Consolidation of Health Care Management Benefits Registration:

We adopted the Consolidation of Health Care Management Benefits Registration rule (R2023-06) on November 20, 2023. The rule takes effect on December 21, 2023. The purpose of this rule is to decrease the burden and streamline the process for registration and renewal of HCBMs in Washington state. It will also require that health care benefit managers disclose any federal violations. This will help create consistency and transparency for HCBMs when they register and renew in Washington state.

For more information, including the adopted rule (CR-103) and the concise explanatory statement, please please visit the rule’s webpage.

About PIA Western Alliance

The Professional Insurance Agents Western Alliance is a membership organization promoting and enhancing the success of independent agencies seeking to grow, learn and be heard within the industry.


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