ORS 743.472: Permissible reasons for cancellation or refusal to renew.

An insurer selling individual health insurance policies may cancel or refuse to renew an individual health insurance policy only if the insurer makes a determination to cancel or not to renew all policies of the same type and form as the individual policy, or if the ground for cancellation or nonrenewal is any of the following and is stated as a provision of the policy:

      (1) A fraudulent or material misstatement made by the applicant in an application for the health policy. A material misstatement is subject to any time limit, as specified by law and included in the policy, for voiding the policy on the basis of a misstatement. For purposes of this subsection, a misstatement may include an incorrect statement or a misrepresentation, omission or concealment of fact;

      (2) Excess or other insurance in the same insurer, as described in ORS 743.456;

      (3) Nonpayment of premium; or

      (4) Any other reason specified by the Director of the Department of Consumer and Business Services by rule.