HB4039: Relating to coordinated care organizations; declaring an emergency.

Legislative Summary

Modifies financial requirements for coordinated care organization expenditures on social determinants of health and health equity. Modifies financial requirements for coordinated care organization expenditures on social determinants of health and health equity. Requires Oregon Health Authority to expend on social determinants of health and health equity amount equal to or greater than three percent of authority's expenses in administering fee-for-service program in previous calendar year and to annually report expenditures to interim committees of Legislative Assembly related to health. Prohibits authority from adopting rules that restrict coordinated care organization distributions or other expenditures above 200 percent of minimum required risk-based capital. Declares emergency, effective on passage.