Section 5168.81 - Penalty for overdue payments.

Ohio Rev Code § 5168.81 (2019) (N/A)
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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.

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