Under Ohio law, what must be disclosed about a health insurance policy’s coverage limits?

Under Ohio law, all coverage limits must be clearly stated in the policy to ensure transparency and protect consumers. This requirement promotes informed decision-making by allowing policyholders to understand the extent of their coverage and any limitations that may apply. By clearly stating coverage limits within the policy, insurers uphold their obligation to provide complete and accurate information, thus enabling consumers to compare different policies effectively.

The focus on full disclosure of coverage limits prevents potential misunderstandings or disputes in the future regarding what is and isn’t covered under a health insurance plan. This thoroughness is meant to enhance consumer awareness and confidence in their insurance choices. The clear presentation of all coverage limits helps avoid any confusion that might arise from vague or incomplete information about what the policy encompasses.

Concerns regarding the other options stem from their implications about coverage limits. Estimating coverage limits or classifying them as confidential could undermine a policyholder's ability to make informed choices, while only disclosing maximum limits would create an incomplete picture of the insurance policy's provisions. Overall, emphasizing that all limits must be stated clearly aligns with the overarching legal principles of consumer protection in Ohio's insurance regulations.