Section 351.08 — Group insurance for employees.
206 words·~1 min read·
/oh/title-3-counties/chapter-351-convention-facilities-authorities/351-08·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(A)A convention facilities authority may procure and pay any or all of the cost of group hospitalization, surgical, major medical, sickness and accident insurance, or group life insurance, or a combination of any of the foregoing types of insurance or coverage for full-time employees and their dependents, issued by an insurance company duly authorized to do business in this state.
(B)A convention facilities authority also may procure and pay any or all of the cost of a plan of group hospitalization, surgical, or major medical insurance with a health insuring corporation with a certificate of authority issued under Chapter 1751. of the Revised Code, provided that each full-time employee shall be permitted to:
(1)Exercise an option between a plan offered by an insurance company as provided in division
(A)of this section and a plan offered by a health insuring corporation under this division, on the condition that the full-time employee shall pay the amount by which the cost of the plan offered in this division exceeds the cost of the plan offered under division
(A)of this section; and
(2)Change from one of the two plans to the other at a time each year as determined by the convention facilities authority.