The bill amends the Revised Code to establish a nonrefundable income tax credit for small employers who provide their employees with individual coverage health reimbursement arrangements. Employers can claim a credit of $400 for each employee receiving benefits under such an arrangement, provided they contribute at least $400 per employee during the taxable year. The bill also introduces new provisions to prevent insurers from engaging in unfair discrimination based on health status-related factors, including medical conditions and claims experience, and prohibits practices that incentivize individuals to opt out of employer-provided health plans.

Additionally, the bill includes specific protections for victims of domestic violence, ensuring that insurers cannot discriminate against them based on physical or mental conditions resulting from such violence. It clarifies that being a victim of domestic violence is not considered a physical or mental condition for underwriting purposes. The legislation outlines the responsibilities of the superintendent of insurance in enforcing these provisions and establishes a civil penalty framework for unfair practices in the insurance business. The bill also repeals certain existing sections of the Revised Code to streamline the process for taxpayers in calculating their tax liabilities and claiming credits.

Statutes affected:
As Introduced: 5747.98
As Reported By House Committee: 3901.21, 3901.22, 3937.19, 5747.98
As Passed By House: 3901.21, 3901.22, 3937.19, 5747.98