Ohio Code § 1751.27
Ohio Code § 1751.27. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 1751.27.
(A) Each health insuring corporation holding a certificate of authority to operate in
this state shall have deposited securities with the superintendent of insurance or
an approved custodian in the amount required by this division. (1) Each health insuring corporation authorized to provide basic health care services
shall maintain a deposit of not less than two hundred fifty thousand dollars. (2) Each health insuring corporation authorized to provide only supplemental health care
services shall maintain a deposit of not less than one hundred fifty thousand dollars. (3) Each health insuring corporation authorized to provide only specialty health care
services shall maintain a deposit of not less than seventy-five thousand dollars. (4) Each health insuring corporation authorized to provide both basic health care services
and supplemental health care services shall maintain a deposit of not less than four
hundred thousand dollars. (5) Each health insuring corporation authorized to provide both basic health care services
and specialty health care services shall maintain a deposit of not less than three
hundred twenty-five thousand dollars. (B) The securities deposited under division (A) of this section shall be held as security
for the fulfillment of the obligations of the health insuring corporation to its enrollees
under this chapter. (C) The interest from the deposit made under division (A) of this section shall accrue
to the health insuring corporation that made the deposit. The deposit shall be considered to be an admitted asset of the health insuring corporation. (D) The superintendent shall adopt rules setting forth the qualifications and responsibilities
of an approved custodian.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 1751.27
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 1751.27?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 1751.27 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 1751.27 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.