Ohio Department of Insurance Says It Saved Ohioans $33M in 2019

COLUMBUS – The Ohio Department of Insurance reports that it helped save consumers $33 million in 2019. The savings are a result of the department resolving coverage disputes, outlining suitable coverage options, and identifying financial assistance programs for Ohioans.

“We are here to serve and protect Ohio insurance consumers,” said Jillian Froment, director of the Ohio Department of Insurance. “Consumers who feel that an insurance benefit has been unjustly reduced or denied, including a health care service or benefit, should contact the department to file a complaint with us.”

March 1-7 is National Consumer Protection Week, she noted. As one of the largest government consumer protection agencies in Ohio, the department provides free and unbiased educational information, resources, and services to consumers through its toll-free hotlines, website, social media, counseling, and community outreach.

Last year the department assisted nearly 500,000 consumers.

The department also regulates insurance products and rates, licenses and monitors the financial stability and conduct of insurance companies, licenses companies and agents, and investigates insurance fraud and professional misconduct.

Published by The Business Journal, Youngstown, Ohio.