OR HB2564

Requires the Director of Consumer and Business Services to specify by rule the form and manner of a consumer-friendly summary document that insurers must submit as part of health insurance rate filings

Streamlines the rate review process by changing terminology from "preliminary decision" to "proposed order" and from "proposed order" to "final order," eliminating one procedural step

Changes the appeal process so that insurers or aggrieved parties may petition the director for reconsideration of a final order within 10 days, with the director required to issue a final order upon reconsideration within 30 days

Removes the right to a contested case hearing under ORS chapter 183, instead making final orders subject to judicial review under ORS 183.484

Applies to rate filings for individual and small employer health benefit plans reviewed by the Department of Consumer and Business Services