โ๏ธ SB100
Exclude certain agricultural entities from insurance regulations
Current Status: Effective
Summary
The bill excludes nonprofit agricultural membership organizations from insurance regulations, stating that such organizations are not subject to certain insurance laws and that the healthcare benefit coverage they provide is not classified as insurance. These organizations must have been incorporated in Ohio on or before December 31, 1919, and provide healthcare coverage exclusively to their members and their families.
Rationale
The bill supports the principles of economic liberty and the freedom of organizations to operate without excessive government regulation, aligning with both the LP and LPO platforms that advocate for minimal government interference in private contracts and associations.
