The bill S. B. No. 2025-2026, introduced by Senator Manchester and co-sponsored by several other senators, aims to enact section 3901.96 of the Revised Code to exempt nonprofit agricultural membership organizations from certain insurance regulations. The bill defines a "nonprofit agricultural membership organization" as one that was incorporated in Ohio on or before December 31, 1919, with the purpose of promoting farmers' interests and that provides healthcare benefit coverage exclusively to its members and their families through contracts.

Under the proposed legislation, nonprofit agricultural membership organizations would not be subject to Title XXXIX or Chapter 1751 of the Revised Code, nor would they fall under the jurisdiction of the superintendent of insurance. Additionally, the healthcare benefit coverage they provide would not be classified as insurance or a health benefit contract under Ohio law. The bill also allows for the risks associated with the healthcare benefit coverage to be assumed or reinsured by a company authorized to conduct insurance business in the state.