Section 5168.81 | Penalty for overdue payments.
Effective:
June 29, 2017
Latest Legislation:
House Bill 49 - 132nd General Assembly
If a health insuring corporation fails to pay the full amount of a component of a franchise fee when due, the department of medicaid may assess a ten per cent penalty on the amount due for each month or fraction thereof that the component of the franchise fee is overdue.
Available Versions of this Section
- June 29, 2017 – Enacted by House Bill 49 - 132nd General Assembly [ View June 29, 2017 Version ]