Section 3924.033 | Information Disclosed by Carrier to Employer.
Effective: March 22, 1999 Latest Legislation: House Bill 698 – 122nd General Assembly (A) Each carrier, in connection with the offering of a health benefit plan to a small employer, shall disclose to the employer, as part of its solicitation and sales materials, the following information: (1) The provisions of the plan concerning the carrier’s […]
Section 3924.04 | Limits on Premium Rates – Low Claim Rates.
Effective: March 23, 2007 Latest Legislation: Senate Bill 5 – 126th General Assembly (A)(1) With respect to any health benefit plan of a carrier and except as otherwise provided in divisions (A)(2) and (3) of this section, the premium rates charged or offered for a rating period for the same or similar coverage under a […]
Section 3924.06 | Demonstrating Compliance Through Actuarial Certification.
Effective: October 16, 2009 Latest Legislation: House Bill 1 – 128th General Assembly (A) Compliance with the underwriting and rating requirements contained in sections 3924.01 to 3924.14 of the Revised Code shall be demonstrated through actuarial certification. Carriers offering health benefit plans to small employers shall file annually with the superintendent of insurance an actuarial […]
Section 3924.07 | [Suspended Eff. 1/1/2014 to 1/1/2026, per Section 3 of s.b. 9 of the 130th General Assembly, as Amended] Ohio Health Reinsurance Program.
Effective: June 30, 1997 Latest Legislation: House Bill 374 – 122nd General Assembly (A) There is hereby established a nonprofit entity to be known as the “Ohio health reinsurance program.” Any carrier issuing health benefit plans in this state on or after April 14, 1993, may be a member of the program. (B) A carrier […]
Section 3924.08 | [Suspended Eff. 1/1/2014 to 1/1/2026, per Section 3 of s.b. 9 of the 130th General Assembly, as Amended] Board of Directors – Plan of Operation.
Effective: March 22, 1999 Latest Legislation: House Bill 698 – 122nd General Assembly (A) The board of directors of the Ohio health reinsurance program shall consist of nine appointed members who shall serve staggered terms as determined by the initial board for its members and by the plan of operation of the program for members […]
Section 3924.09 | [Suspended Eff. 1/1/2014 to 1/1/2026, per Section 3 of s.b. 9 of the 130th General Assembly, as Amended] General and Specific Powers and Authority of Program.
Effective: May 26, 2010 Latest Legislation: House Bill 300 – 128th General Assembly The Ohio health reinsurance program shall have the general powers and authority granted under the laws of the state to insurance companies licensed to transact sickness and accident insurance, except the power to issue insurance. The board of directors of the program […]
Section 3924.10 | [Suspended Eff. 1/1/2014 to 1/1/2026, per Section 3 of s.b. 9 of the 130th General Assembly, as Amended] Recommendations Regarding, Analysis and Adoption of Ohc Plans.
Effective: September 29, 2011 Latest Legislation: House Bill 153 – 129th General Assembly (A) The board of directors of the Ohio health reinsurance program may make recommendations to the superintendent of insurance, and the superintendent may adopt or amend by rule adopted in accordance with Chapter 119. of the Revised Code, the OHC basic, standard, […]
Section 3924.01 | Small Employer Health Benefit Plans – Provision of Health Care Coverage Definitions.
Effective: March 23, 2015 Latest Legislation: House Bill 201 – 130th General Assembly As used in sections 3924.01 to 3924.14 of the Revised Code: (A) “Actuarial certification” means a written statement prepared by a member of the American academy of actuaries, or by any other person acceptable to the superintendent of insurance, that states that, […]
Section 3924.02 | Health Care Benefit Plans Covered by Chapter.
Effective: June 30, 1997 Latest Legislation: House Bill 374 – 122nd General Assembly (A) An individual or group health benefit plan is subject to sections 3924.01 to 3924.14 of the Revised Code if it provides health care benefits covering at least two but no more than fifty employees of a small employer, and if it […]
Section 3924.03 | Health Benefit Plans Covering Small Employers Subject to Conditions.
Effective: March 22, 1999 Latest Legislation: House Bill 698 – 122nd General Assembly Except as otherwise provided in section 2721 of the “Health Insurance Portability and Accountability Act of 1996,” Pub. L. No. 104-191, 110 Stat. 1955, 42 U.S.C.A. 300gg-21, as amended, health benefit plans covering small employers are subject to the following conditions, as […]