Ohio Rev. Code § 5168.81

Current with legislation from 2024 received as of May 9, 2024.
Section 5168.81 - Penalty for overdue payments

If a health insuring corporation fails to pay the full amount of a component of a franchise fee when due, the department of medicaid may assess a ten per cent penalty on the amount due for each month or fraction thereof that the component of the franchise fee is overdue.

R.C. § 5168.81

Added by 132nd General Assembly File No. TBD, HB 49,§101.01, eff. 6/29/2017.