If a health insuring corporation fails to pay the full amount of a component of a franchise fee when due, the department of medicaid may assess a ten per cent penalty on the amount due for each month or fraction thereof that the component of the franchise fee is overdue.
Penalty for overdue payments
Ohio Rev. Code Ann. § 5168.81, under Chapter 5168 | Hospital Care Assurance Program; Health Care Franchise Permit Fees.
Ohio Rev. Code Ann. § 5168.81