OH LEG Insurance Regulations Bill


On Jun. 26, OH LEG issued passed bill to amend insurance regulations.


  • OH LEG passed bill SB 175 relating to various insurance regulations and definitions.
  • Amends OH LEG 121.95, OH INS 1751.11, OH LEG 2913.47, OH INS 3901.04, OH INS 3901.221, OH INS 3901.24, OH INS 3901.321, OH INS 3901.36, OH INS 3903.42.
  • Also amends OH INS 3905.14, OH INS 3916.15, OH INS 3929.41, OH INS 3929.42.
  • Document dated Jun. 26, 2024, received from OH LEG Jul. 2, summarized on Jul. 5.
  • Bill Provisions
  • Certain rules not required to be included in State agency's inventory of regulatory restrictions including any rule re certification from multiState organization of 45 States.
  • Inputs numerous references to Section 119.05 of the Revised Code (OH LEG 119.05).
  • Defines a health benefit plan as a policy, contract entered into by insurer to provide, deliver for any costs of health care services, including a vision or dental benefit plan.
  • Defines plan sponsor as a person, other than a health plan issuer, who establishes, adopts, or maintains a health benefit plan that covers residents of this State.
  • Commercial insurance policy form unique in character and designed for a particular risk is exempt from filing, except superintendent may prescribe specific restrictions.
  • Insurer shall retain insurance policy form, rate exempt from filing and all supporting documentation, for not less than 3 years after effective date of the exempt policy form.
  • Upon request of superintendent during that period, insurer shall make such policy form, endorsement, or rate, and the supporting documentation available for inspection.
  • Legislative History
  • On Oct. 17, 2023, bill was introduced in Senate; on May 8, 2024, bill passed in Senate.
  • On May. 15, 2024, bill was introduced in House; on Jun. 26, 2024, bill passed House.
  • Effectiveness
  • OH LEG bills without effective dates specified in bill text become effective on the 91st day following the bill's filing with the Secretary of State for final enrollment.
  • Jul. 2024 OH LEG Governor Approval
  • On Jul. 24, 2024, OH LEG reported bill approval by governor, effective Oct. 24, 2024.
  • Document dated Jul. 24, 2024, was received on Jul. 29, 2024, due to a fixed feed.
  • Aug. 2024 OH LEG Effective Date
  • On Aug. 28, 2024, OH LEG reported effective Oct. 24, certain provisions Jan. 22, 2025.

Regulators OH LEG
Entity Types Ins
Reference Bill, 8/28/2024; PR, Act, 7/24/2024; Bill SB175, 6/26/2024; Citation: *OH INS* 1751.11, 3901.04, 3901.221, 3901.24, 3901.321, 3901.36, 3903.42, 3905.14, 3916.15, 3929.41, 3929.42; *OH LEG* 119.05, 121.95, 2913.47;
Functions Advertising; Compliance; Financial; Legal; Operations; Product Administration; Record Retention; Reporting; Risk
Countries United States of America
Category
State
Products Commercial; Dental; Insurance; Insurance-Health; Pet Insurance; Vision
Regions Am
Rule Type Final
Rule Date 6/26/2024
Effective Date 10/24/2024
Rule Id 218177
Linked to N/A
Reg. Last Update 8/28/2024
Report Section US Insurance

Last substantive update on 09/02/2024