Laserfiche WebLink
Docusign Envelope ID: 921 F7A24-D5CE-4BCC-9F3C-5E7844661266 <br />8. Delivery of Written Communications to Eligible Persons. Any policies, certificates, booklets, <br />termination notices, or other written communications delivered by Insurer to Administrator for delivery to <br />Eligible Persons shall be delivered by Administrator promptly after receipt of instructions from Insurer to <br />do so. Ore. Rev. Stat. § 744.736. <br />9. Disclosures. <br />9.1 Administrator shall provide written notice to Eligible Persons, on a form approved by In- <br />surer, advising Eligible Persons of the identity of, and relationship among, Administrator, the policyholder, <br />and Insurer. Ore. Rev. Stat. § 744.734. <br />9.2 In the event Administrator collects funds from Eligible Persons, the reason for collection <br />of each item shall be identified to the Eligible Persons and each item shall be shown. Administrator shall <br />not make additional charges for services to the extent the services have been paid for by Insurer. Ore. Rev, <br />Stat. § 744.734. <br />9.3 Administrator shall disclose to Insurer all charges, fees and commission that Administrator <br />receives arising from services it provides for Insurer, including any fees or commissions paid by insurers <br />providing reinsurance. Ore. Rev. Stat. § 744.732(3). <br />10. Effect of Payment. The Parties agree that Administrator will not receive any premiums or charges <br />for insurance paid by or on behalf of Eligible Persons for Insurer. Return premium payments or Claim <br />payments forwarded by Insurer to Administrator, if any, shall not be considered to have been paid to an <br />Eligible Person or claimant until the payment is received by the Eligible Person or claimant. Nothing in this <br />section limits any right of Insurer against Administrator arising from the failure of Administrator to make <br />payments to Insurer, Eligible Persons, or claimants. Ore. Rev. Stat. § 744.722. <br />11. Basis of Compensation. Compensation to Administrator shall not be contingent upon savings <br />effected in the adjustment, settlement or payment of losses covered by Insurer's obligations. This section <br />shall not prevent Administrator from receiving performance-based compensation for auditing services nor <br />shall this section prevent compensation based on the amount of charges collected or number of Claims <br />processed. Ore. Rev. Stat. § 744.732(1)-(2). <br />U. Termination. Either party may terminate the Agreement for cause upon written notice, subject to <br />the procedures as stated in the Agreement. Insurer shall fulfill any lawful obligations with respect to poli- <br />cies or plans affected by the Agreement, regardless of any dispute between Administrator and Insurer. Ore. <br />Rev. Stat. § 744.720(4). <br />13. Errors and Omission Insurance. Administrator shall maintain with the Director of the Oregon <br />Department of Consumer and Business Services a current certificate of errors and omissions insurance in <br />an amount satisfactory to the Director. Ore. Rev. Stat. § 744.726. <br />14. Dispute Resolution. Disputes arising under the Agreement shall be subject to arbitration, media- <br />tion, or other means as expressly set forth in the Agreement. Ore. Rev. Stat. § 744.720(3)(e). <br />155 <br />This document is CONFIDENTIAL AND PROPRIETARY to RIGHTWAY Healthcare, Inc. and may not be reproduced, <br />transmitted, published, or disclosed to others without the prior written authorization of RIGHTWAY Healthcare, Inc. <br />