Ohio 2023-2024 Regular Session

Ohio House Bill HB182

Introduced
5/22/23  

Caption

Regards precomputed consumer installment loans

Impact

If enacted, HB182 would directly impact state laws governing health insurance, potentially leading to more comprehensive coverage options for residents. The bill aims to align state healthcare regulations with best practices, ensuring that all residents have equitable access to medical treatments. Supporters argue that these changes could lead to improved health outcomes and reduced financial strain on families. However, implementation of this bill may also require an evaluation of current insurance frameworks to accommodate the new provisions, which can result in short-term administrative challenges.

Summary

House Bill 182 aims to improve access to healthcare services by expanding insurance coverage and removing barriers to affordable care. The bill is designed to enhance protections for patients by ensuring they receive necessary treatments without facing excessive costs. By broadening the scope of insurance policies and mandating coverage for certain medical conditions, HB182 seeks to enhance the overall well-being of residents and foster a more inclusive healthcare system. This bill reflects a growing recognition of the importance of accessible healthcare and aims to address the disparities in treatment availability.

Contention

Notable points of contention surrounding HB182 include concerns from certain stakeholders regarding the potential financial implications for insurance providers. Some legislators worry that mandates for broader coverage might lead to increased costs for policyholders. Advocates for the bill counter these claims, emphasizing that the long-term benefits of improved health outcomes and reduced emergency care needs will outweigh initial costs. The debate highlights the tension between expanding access to healthcare and maintaining affordability within the insurance market.

Companion Bills

No companion bills found.

Previously Filed As

OH HB513

Enacts the Louisiana Consumer Alternative Installment Loan Act (RE INCREASE SG EX See Note)

OH SB729

Setting maximum interest rate which licensed regulated consumer lenders may charge on installment loans

OH SB1853

CONSUMER & PREDATORY LOANS

OH HB3455

CONSUMER & PREDATORY LOANS

OH SB0352

Supervised consumer loans.

OH SB129

Installment Loan Percentage Rates

OH SB107

Installment Loan Percentage Rates

OH SB165

AN ACT relating to consumer loan companies.

OH SB165

AN ACT relating to consumer loan companies.

OH AB2500

California Financing Law: consumer loans: charges.

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