The bill amends section 3902.02 of the Revised Code and enacts new sections 3966.01 through 3966.11, establishing a framework for paid family leave insurance in Ohio. The amendments include the definition of "paid family leave insurance" and its inclusion in the types of insurance policies recognized under current law. The new sections outline the definitions related to paid family leave, eligibility criteria, coverage details, and the benefits provided under such insurance policies. Key provisions include the requirement for policies to specify the length of family leave benefits, which cannot be less than two weeks, and the conditions under which benefits may be limited or excluded.

Additionally, the bill clarifies that the purchase of paid family leave insurance is voluntary for employers, meaning they are not mandated to provide this coverage for their employees. The superintendent of insurance is granted the authority to adopt necessary rules to implement the provisions of this chapter. The existing section 3902.02 is repealed, streamlining the legal framework to accommodate the new regulations regarding paid family leave insurance.

Statutes affected:
As Introduced: 3902.02