Bill > SB139

This bill amends the law regulating multiple employer welfare arrangements (MEWAs) in Ohio. Key provisions include: - Allowing MEWAs to be established by any association of employers with a principal office located within Ohio or a metropolitan area that has boundaries in Ohio, in addition to the previously allowed groups like chambers of commerce and trade associations. - Requiring MEWAs to comply with various insurance laws, and treating self-insured MEWAs as single large employers for compliance purposes. - Modifying the requirements for MEWA surplus and stop-loss insurance, allowing the superintendent of insurance to set appropriate reserve levels based on sound actuarial principles. - Prohibiting excess or stop-loss insurance policies from denying coverage to individuals based on their expected or actual claims or diagnoses. The overall goal of the bill is to update and clarify the regulatory framework for MEWAs operating in Ohio.