Section 3923.59 - Open enrollment reinsurance programAny insurer may reinsure coverage of any individual or nonemployer group acquired under section 3923.58 or 3923.581 of the Revised Code with the open enrollment reinsurance program in accordance with division (G) of section 3924.11 of the Revised Code. Premium rates charged for coverage reinsured by the program shall be established in accordance with section 3924.12 of the Revised Code.
Amended by 134th General Assembly, HB 122,§3, eff. 3/23/2022.Amended by 132nd General Assembly, HB 49,§610.53, eff. 9/29/2017.Suspended by 130th General Assembly, SB 9,§3, as amended by 132nd General Assembly, HB 49,§610.53, and 134th General Assembly, HB 122, which provides that during the period beginning on January 1, 2014, and expiring January 1, 2026, the operation of this section is suspended. If the amendments made by 42 U.S.C. 300gg-1 and 300gg-6, regarding the requirements related to health insurance coverage become ineffective prior to the expiration of the suspension on January 1, 2026, then this section, in either its present form or as later amended, again becomes operational..Effective Date: 06-30-1997 . See 130th General Assembly, SB 9, §3.