Ohio Insurance Department Returns $24.5M to Consumers in 2014
Lieutenant Governor and Insurance Director Mary Taylor announced the Ohio Department of Insurance through its consumer complaint process has helped Ohio consumers save or recover $24.5 million in 2014.
Over the past four years the department has saved or recovered $84 million for Ohioans.
Taylor said denial of claim/adverse benefit determination was the top complaint reason the department received in 2014. Health insurance was the type of coverage consumers most complained about.
The department’s savings and recovery figure for 2014 includes a new program record $18 million by its Ohio Senior Health Insurance Information Program (OSHIIP) and $6.5 million from its Office of Consumer Affairs, which addresses non-Medicare insurance matters.
The following lists show the top types of consumer complaints in 2014 for Ohio from the total of 6,450 received by the department’s Office of Consumers Affairs. The national information is closed complaint data as of Dec. 29, 2014, provided by the National Association of Insurance Commissioners (NAIC).
Top Types of Ohio Consumer Complaint Reasons:
Top Types of National Consumer Complaint Reasons:
Top Types of Ohio Consumer Complaints by Coverage:
Top Types of National Consumer Complaint Reasons by Coverage:
Source: Ohio Department of Insurance
- Report: Property Claims Face Delays, Are Growing More Complex
- Anxiety Over Gas Prices Points to ‘Looming EV Comeback’ in US
- Golden Gate Sued Over Insurer’s $2.2 Billion Capital Shortfall
- HSBC Executive Strikes Back in Court Fight Over Poaching Claims
- Credit Acceptance Reaches $710M Predatory Auto Lending Settlement With Most States
- The Nation’s Insurance Laboratory: What Liability Trends in California Mean for the Rest of the Country
- Apollo’s Rowan Blasts Regulators for Handling of Walter Insurers
- New Corgi, Liberate, VERVE Claims Tech. Do We Need New Acronyms?