Insurance Grace Period Ordered


The Ohio Department of Insurance is issuing an order for insurers in Ohio to allow employers to offer employees a grace period for insurance premiums.

The grace period is for all health insurers, and it must provide the option of deferring premium payments interest free for up to 60 calendar days from the original premium due date, which means employers can defer their premium payments for health insurance for up to two months.

Health insurers must allow employers to continue covering employees even if the employee would otherwise become ineligible for insurance because of a decrease in the hours worked a week.