Ohio Bulletin on SERFF

Ohio’s Bulletin last week announcing that EFT for SERFF filings will be mandatory on January 1, 2011, seemed straightforward enough, indicating that filers should begin the process of making arrangements with SERFF so that there will be no delay as January 1 approaches.

However, of note was another provision that may be overlooked indicating that non-rate, rule and form filings that do not have a filing fee associated with them can no longer be made via SERFF after that date. For my business, that most impacts annual life illustration filings, but the DOI also makes note that Rx ID cards annual certifications also will no longer be accepted via SERFF. It is back to paper for these no-fee filings!

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Regulation 194 Compensation Disclosure...Coming Soon!