❌ SB164
Regulate the use of artificial intelligence by health insurers
Current Status: In Senate Committee (Financial Institutions, Insurance and Technology)
Summary
This bill regulates the use of artificial intelligence by health insurers in Ohio. It requires health plan issuers to report on their use of AI algorithms in decision-making processes and prohibits decisions regarding care based solely on AI results. Additionally, it mandates that determinations of medical necessity must involve a licensed physician and consider individual patient circumstances.
Rationale
The bill imposes regulations on health insurers and restricts their use of AI, which conflicts with the Libertarian principles of minimal government intervention and free market operations. Both the LP and LPO platforms advocate for limited government control over individual and business decisions.
Risks and Concerns
- Increased government regulation of private industry
- Potential for reduced innovation in healthcare technology
- Higher operational costs for health insurers leading to increased premiums