Oregon Revised Statutes Insurance § 735.620

(a) The insurer's proven ability to handle individual medical insurance.

(b) The efficiency of the insurer's claim paying procedures.

(c) An estimate of total charges for administering the plan.

(d) The insurer's ability to administer the pool in a cost-effective manner.

(2)(a) The administering insurer shall serve for a period of three years subject to removal for cause.

(b) At least one year prior to the expiration of each three-year period of service by an administering insurer, the board shall invite all insurers, including the current administering insurer, to submit bids to serve as the administering insurer for the succeeding three-year period. Selection of the administering insurer for the succeeding period shall be made at least six months prior to the end of the current three-year period.

(a) Performing eligibility and administrative claims payment functions relating to the pool.

(b) Establishing a premium billing procedure for collection of premiums from insured persons on a periodic basis as determined by the board.

(c) Performing all necessary functions to assure timely payment of benefits to covered persons under the pool including:

(d) Submitting regular reports to the board regarding the operation of the pool. The frequency, content and form of the report shall be as determined by the board.

(e) Following the close of each calendar year, determining net written and earned premiums, the expense of administration and the paid and incurred losses for the year and reporting this information to the board on a form prescribed by the board.

(f) Being paid as provided in the plan of operation for its expenses incurred in the performance of its services.

(a) Any or all of the services provided by an administering insurer.

(b) Disease case management.

(c) Direct provider or provider network contracts.

(d) Pharmacy benefit management.