Oregon Revised Statutes Insurance § 743.826

(a) “Catastrophic plan” means a health benefit plan that meets the requirements for a catastrophic plan under 42 U.S.C. 18022(e).

(b) “Minimum essential coverage” has the meaning given that term in section 5000A(f) of the Internal Revenue Code.  1

(a) Is under 30 years of age at the beginning of the plan year; or

(b) Is exempt from any state or federal penalties imposed for failing to maintain minimum essential coverage during the plan year.