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Ohio Department of Insurance presents flat-funded request, highlights consumer savings programs and mental-health work
Summary
An Ohio Department of Insurance representative presented a largely flat budget request tied to fee funding, highlighted the OSHIP program's savings, the Mental Health Insurance Assistance Office and a new provider payment-fee disclosure proposal, and described workforce and technology priorities.
A representative of the Ohio Department of Insurance presented the agency's biennial budget request and program priorities as part of the Sub. H.B. 96 hearing. The witness said the department is funded by agent and agency licensing fees and company examination fees and "is not a general revenue agency." The department requested just over $51,000,000 for FY26 (a 3.2% increase over FY25) and about $52,750,313…
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