Ohio Insurance Laws and Regulations Practice Exam

In Ohio, legal action can be taken for up to how many years against an insurer for failure to pay health insurance claims after proof of loss was submitted?

1. 1 year

2. 2 years

3. 3 years

4. 5 years

The correct answer is: 3 years

Incorrect options - Option A: 1 year is too short of a time frame for legal action to be taken against an insurer, as it may not leave enough time for investigations or appeals to be made. -Option B: 2 years is longer than 1 year, but still may not be enough for thorough legal action to be taken and resolved. - Option D: 5 years is significantly longer than the correct answer of 3 years, and it is unlikely that an insurer would have that much time to deny or resolve a claim before legal action could be taken.