(A) As used in this section:

1. (1)

   1. (a) "Administrative expense" means the amount resulting from the following: the amount of premiums earned by the insurer for sickness and accident insurance business plus the amount of losses recovered from reinsurance coverage minus the sum of the amount of claims for losses paid; the amount of losses incurred but not reported; the amount incurred for state fees, federal and state taxes, and reinsurance; and the incurred costs and expenses related, either directly or indirectly, to the payment of commissions, measures to control fraud, and managed care.
   2. (b) "Administrative expense" does not include any amounts collected, or administrative expenses incurred, by an insurer for the administration of an employee health benefit plan subject to regulation by the federal "Employee Retirement Income Security Act of 1974," 88 Stat. 832, 29 U.S.C.A. 1001, as amended. "Amounts collected or administrative expenses incurred" means the total amount paid to an administrator for the administration and payment of claims minus the sum of the amount of claims for losses paid and the amount of losses incurred but not reported.
2. (2) "Insurer" means any insurance company authorized under Title XXXIX of the Revised Code to do the business of sickness and accident insurance in this state.
3. (3) "Sickness and accident insurance business" does not include coverage provided by an insurer for specific diseases or accidents only; any hospital indemnity, medicare supplement, long-term care, disability income, one-time-limited-duration policy of no longer than six months, or other policy that offers only supplemental benefits; or coverage provided to individuals who are not residents of this state.
4. (4) "Individual business" includes both individual sickness and accident insurance and sickness and accident insurance made available by insurers in the individual market to individuals, with or without family members or dependents, through group policies issued to one or more associations or entities.

(C)

1. (1) Each insurer, on the first day of January or within sixty days thereafter, shall annually prepare, under oath, and deposit in the office of the superintendent of insurance a statement of the aggregate administrative expenses of the insurer, based on the premiums earned in the immediately preceding calendar year on the sickness and accident insurance business of the insurer. The statement shall itemize and separately detail all of the following information with respect to the insurer's sickness and accident insurance business:

   1. (a) The amount of premiums earned by the insurer both before and after any costs related to the insurer's purchase of reinsurance coverage;
   2. (b) The total amount of claims for losses paid by the insurer both before and after any reimbursement from reinsurance coverage;
   3. (c) The amount of any losses incurred by the insurer but not reported by the insurer in the current or prior year;
   4. (d) The amount of costs incurred by the insurer for state fees and federal and state taxes;
   5. (e) The amount of costs incurred by the insurer for reinsurance coverage;
   6. (f) The amount of costs incurred by the insurer that are related to the insurer's payment of commissions;
   7. (g) The amount of costs incurred by the insurer that are related to the insurer's fraud prevention measures;
   8. (h) The amount of costs incurred by the insurer that are related to managed care; and
   9. (i) Any other administrative expenses incurred by the insurer.
2. (2) The statement also shall include all of the information required under division (C)(1) of this section separately detailed for the insurer's individual business, small group business, and large group business.