OCTOBER – DECEMBER 2024
OHIO MATTERS
TABLE OF CONTENTS OHIO CHAMBER WINS BIG IN NOVEMBER ELECTION
CORPORATE CHALLENGE FOR KINDNESS UHC: HEALTHIER WAYS FOR THE HOLIDAYS THE GLASS CITY IS ON THE RISE PET INSURANCE: PROTECTING FURRY FAMILY MEMBERS MORE THAN JUST PAYING CLAIMS: HOW OHIO’S HEALTH PLANS SUPPORT A STRONG STATE UPCOMING 2025 EVENTS MING SMITH’S MOMENT OHIO CHAMBER PRESENTS 2024 LIFETIME ACHIEVEMENT AND LEGISLATOR OF THE YEAR AWARDS THIRD ANNUAL HEALTHCARE TRANSFORMATION SUMMIT CONVENES ON SEVERAL KEY TOPICS OHIO CHAMBER PRESENTS 2024 BUSINESS OF THE YEAR AWARDS OHIO IN THE CROSSHAIRS: HOW A BRICS CURRENCY COULD RESHAPE THE BUCKEYE STATE’S ECONOMY – AND WHY BUSINESS LEADERS MUST ACT NOW OHIO CHAMBER’S NEW MEMBER SHANGRI-LA DISPENSARIES GROWS PRESENCE AROUND THE STATE FOUR FREE AND ESSENTIAL COURSES FOR PROFESSIONAL DEVELOPMENT
OHIO CHAMBER WINS BIG IN NOVEMBER ELECTION
While the November General Election may have been divisive for many Ohioans, the statewide business community enjoyed across-the-board victories on election night and the hope of brighter days from a pro-business state government. The Ohio Chamber of Commerce, taking positions in numerous races, scored the following wins: OHIO GENERAL ASSEMBLY
Leading up to the November general election, the Ohio Cham- ber Political Action Committee (OCCPAC) endorsed 73 total candidates between Ohio House and Ohio Senate races. Of the 73 bipartisan endorsements – 13 Ohio Senate candidates and 60 Ohio House candidates – the OCCPAC had 72 vic- tories, a win rate of 99%. This included 27 total open seats, which bodes well for a solid initial start to legislative relationships between the Chamber and incoming policymakers. OHIO SUPREME COURT Perhaps the most significant victory was all three OCCPAC endorsed judicial candidates for the Ohio Supreme Court winning their races. Aided by the Ohio Chamber’s leadership in raising $4 million to promote these efforts, the following OCCPAC-endorsed candidates won: • Justice Joe Deters, Ohio Supreme Court (55.20%)
• Judge Megan Shanahan, Hamilton County Common Pleas Court (55.70%) • Judge Dan Hawkins, Franklin County Common Pleas Court (55.07%) These three justices-elect follow the previous three OCCPAC-endorsed victories in 2022:
• Justice Sharon Kennedy, Ohio Supreme Court (56.08%) • Justice Pat DeWine, Ohio Supreme Court (56.31%) • Justice Pat Fischer, Ohio Supreme Court (56.91%)
The Ohio Chamber likewise worked to raise $4 million for that campaign effort in 2022. In just two years, the Ohio Chamber has now led the way to achieve a 6-1 pro-business Ohio Supreme Court majority, ensuring a large degree of certainty and predictability in rulings for Ohio’s business community. STATE ISSUE 1 Ohioans also soundly defeated the lone statewide ballot measure, Issue 1, by a percentage of 53.78% NO to 46.22% YES. The proposed constitutional amendment, which was opposed by the Ohio Chamber of Commerce, would have scrapped the existing process for drawing legislative maps for both the state legislative districts and federal congressio- nal districts, replacing it with a cumbersome, convoluted system with no accountability to voters. The Chamber’s position came on the heels of a Board of Directors’ vote at its Q3 meeting in September to formally op- pose Issue 1. That vote was predicated on the acceptance of an Ad Hoc Committee’s recommendation to oppose the measure after several meetings and deliberations. Both the Ad Hoc Committee and the full Board of Directors agreed that Issue 1 was problematic, complex, and not a panacea for either political extremism or fairer maps. Armed with the Board’s opposition stance, the Ohio Chamber also was one of the largest financial supporters of the opposition’s cam - paign, serving as the biggest disclosed donor to the effort. Ohio Chamber President and CEO Steve Stivers stated the following about Issue 1: “ Our concern is, if passed, the con- sequence could result in raising the cost of doing business in Ohio, making our state less competitive for business, and impacting critical issues our members care deeply about, including minimum wage, legal reform, tort reform and forced unionization. The Chamber is not endorsing the status quo; the current system is flawed and should be fixed through bipartisan efforts. ”
Dear Ohio Chamber of Commerce Members,
We invite you to participate in the “Corporate Challenge for Kindness!” This friendly competition facilitated by Kindland (part of Values-in-Action Foundation) will run from February - April 2025 and is supported by the Ohio Chamber of Commerce and the Weatherhead School of Management. Why Kindness? Studies have shown that kindness increases belonging, productivity, and prosocial behavior in the workplace, schools, and society in general. Kindness improves overall health and decreases anxiety and depression. Kindness is a unifying force that helps build culture, which assists in both recruitment and retention within the workplace. About the Challenge We hope you will join other prominent Ohio companies in this easy and impactful challenge! Simply register your company as a participant, get your company code, and encourage your employees to log acts of kindness through the Just Be Kind app throughout February, March, and April. Companies will be divided into three categories: small, medium, and large, and whichever company tallies the most acts of kindness in each category will receive the Ohio Kindness Cup. Be recognized as the KINDEST COMPANY IN OHIO! Please see the accompanying information for how to engage your company in this challenge. We look forward to seeing how kindness will have a positive impact in your workplace, in our communities, and throughout our entire state!
“Kindness, although an intangible asset and challenging to quantify, holds immense importance in shaping the dynamics of your team and your organization. Creating a culture that fosters kindness allows individuals to not only produce innovative ideas but also feel secure enough to express and share them.” ----- From the article “Why Kindness at Work Pays Off” in the Harvard Business Review, by Andrew Swinand, CEO of Publicis Groupe, one of the largest advertising and communications agencies in the world
Values-in-Action Foundation 6700 Beta Dr. Ste. 120 Cleveland, OH 44143
HEALTHIER WAYS FOR THE HOLIDAYS
The holidays may be a challenging time to stay healthy – both physically and mentally. With holiday parties full of decadent food and drinks and busy schedules that may not allow time for our normal routines, we may find it difficult to make healthier decisions. We may find ourselves overindulging, leading to holiday weight gain. The holidays are also a stressful time for many. Overbooked schedules, spending time with difficult family members, dealing with loss, and overspending on holiday gifts may all lead to increased stress. With a little forethought and planning ahead, however, it is possible to embrace and enjoy the holiday season. Tips for healthier holiday eating 1. Don’t skip meals. Skipping a meal with the goal of saving calories prior to a holiday event may often backfire and lead to overeating. 2. Contribute a healthier dish. Ensure at least one nutritious choice is available at potlucks. 3. Choose your splurges. Scan the buffet or dinner table and choose a couple holidays favorites to splurge on instead of foods that you may have any other day of the year. 4. Think color. Make a plate look festive by including fruits and veggies. Aim to cover half your plate. 5. Choose beverages wisely. Limit alcohol, which is high in calories. Liquors, sweet wines and mixed drinks contain 150 to 450 calories per glass. Choose instead water or seltzer, infuse water with seasonal fruit, lemon, or cinnamon or try a hot or green tea with honey. Consider a budget friendly holiday Have a plan when it comes to holiday spending, so you don’t overextend yourself. The plan may include creating a budget or could be to find a way to make more money – pick up extra hours at work, get an extra seasonal job, or clean out your basement or garage and sell un- wanted items. Whatever you choose, having a plan helps us feel that we have some control over our lives, and that we’re empowered.
Some considerations for holiday spending:
• Create a budget and stick to it • Suggest a gift exchange • If traveling, book early and consider traveling during off-season peak hours • Get creative with gift-giving • Start traditions that are lower in cost, such as a drive to look at holiday lights Tips for coping with holiday stress In addition to holiday eating, stress may result in overindulging. While the holiday season may be a time of joy, it may also be hectic and stressful. To cope with this stress, prepare yourself in the following ways: 1. Create a game plan. Spend a little time up front getting organized. Make a list of what you need to buy. Try to shop ahead of time and if you will be cooking, plan your menu. 2. Learn to say no. Saying yes when you should say no may leave you feeling resentful and overwhelmed. Friends and colleagues will understand if you cannot participate in every project or activity. 3. Make time for your health. In the holiday rush, don’t let your well-being fall by the wayside. Try to stay on your normal sleep schedule and get regular exercise. If you can’t find a 30-minute chunk of time for exercise, break it up into three 10-minute sessions spread through the day. 4. Give yourself a break. Amid doing things for others, it’s easy to forget to take care of ourselves. If you feel stress building up, get away for a few minutes. Find a quiet corner and do some deep breathing. Listen to calming music, or just sit. 5. Seek professional help if you need it. Despite your best efforts, you may find yourself feeling persistently sad or anxious, plagued by physical complaints, unable to sleep, irritable and hopeless, and unable to face routine chores. If these feelings last for a while, talk to your doctor or a mental health professional. Focus on mindfulness 1. Accept imperfection. Before the holidays, acknowledge things may not go exactly as planned. It’s okay to not be perfect. 2. Where does this fit in the grand scheme of things? Don’t let the long grocery line spoil your afternoon. 3. Respond with kindness. You cannot change how others act, but you may change how you respond to situations. 4. See if you may extend an act of kindness to those you know are without family and friends during this time of year. If you have UHC medical benefits thru the Ohio Chamber’s Health Benefit Program, you have ac- cess to Calm Health for no additional cost. This platform focuses on sleep, relaxation and mindful- ness while improving overall mental health. Connect with your Health Engagement Nurse, Michele Adams to obtain more information on how to access this benefit at 614-632-4172 or michele. adams@uhc.com.
THE GLASS CITY IS ON THE RISE Toledo’s Revitalization Fuels Economic Growth and Community Excitement By Destination Toledo
Toledo has long been deemed The Glass City due to its long history of innovation in all aspects of the glass industry, but as it continues to build momentum with an influx of business development and transformative projects, not only is it holding true to its roots but it’s also becoming known as a city on the rise. The best place to witness the area’s excit- ing growth is Toledo’s revitalized downtown, where ongoing transformations continue
to impress residents and visitors alike. With a focus on beautification, walkability, bike-friendliness, and an engaged ambassa- dor program that prioritizes hospitality, clean- liness, and safety, downtown has become an increasingly popular destination to work, live, and play. The reimagined Glass City Center underwent a $70 million renovation in 2022, making it the region’s pre- mier multi-use facility for conventions, trade shows, sporting events, and weddings. The center features a modern aesthetic, an expansive 16,000-square-foot ballroom, 26 meeting rooms, and a 75,000-square-foot column-free exhibit hall, along with over $1.5 million in art installations throughout. “This renovation of the convention center and attached hotel has been a game-changer for our destination.” says Lance Woodworth, President and CEO of Destination Toledo. “The secret is out about Toledo! We’re attracting larger events and conference groups that may not have even considered the Glass City before,” The convention center’s attached hotel also underwent a complete overhaul, in the same year, resulting in a 310-room dual-branded Hilton Garden Inn and Homewood Suites. These developments, combined with the city’s existing attractions like the Toledo Mud Hens’ Fifth Third Field and the Huntington Center arena, act as anchors in the downtown area, hosting hundreds of events each year. Convention visitors, concertgoers, and sports fans flock to nearby restaurants and bars year-round, while new residents inhabit condos and apartments buildings that were repurposed commercial and industrial spaces. Toledo has also seen a surge of investment across various industries, with approximately $1.5 billion worth of City of Toledo projects currently underway, including major developments in downtown, the Westgate area near the University of Toledo, and the emerging Toledo Trade Center industrial park. This robust business development has garnered national attention, with Site Selection Magazine ranking Toledo among the top 10 cities for new business investment for six consecutive years. Supported by over $31.3 million in state funding from the Ohio Innovation Hubs Program and $10.4 million in local investment, the new Northwest Ohio Glass Innovation Hub builds on Toledo’s legacy as the “Glass Capital of the World” and accelerates innovation and job growth in both the glass and solar industries. Global glass manufacturer Libbey Glass is also in the midst of a $30 million investment to expand and maintain its operations in Toledo.
The transformative project generating the most excitement is the Glass City River- walk, spearheaded by Metroparks Tole- do. The crown jewel of the project is the Glass City Metropark, an award-winning year-round destination featuring innova- tive play nodes, walking trails, a Kayak Cove, an attached marina, Market Hall, and The Ribbon - a 1,000-foot year-round skating ribbon. The long list of amenities also includes heated cabanas with fire pits, a sledding hill, a beer garden, and an on-site restaurant, The Garden by Poco Piatti. All of this has earned Metroparks Toledo the 2024 Best in Innovation Award from the National Recreation and Park Association and attention from Travel + Leisure.
Across the river, the Toledo Pickle Co. will debut in January 2025. This 40,000-square-foot, year-round pick- leball facility will feature both indoor and outdoor courts, a climbing rock-wall, shuffleboard, and an on-site bar and restaurant. With nearly 80 acres already restored and an additional 220 acres of riverfront under development, the Glass City Riverwalk will span a 5-mile loop on both sides, connecting neighborhoods to greenspaces and recre- ational activities. Once completed, the Glass City Riverwalk will be the nation’s second-largest riverwalk. This wave of development continues to attract not only businesses but also people to Toledo, with nearly 16 million visitors annually. The city’s anchor attractions—such as the Toledo Museum of Art, Toledo Zoo & Aquarium, National Museum of the Great Lakes, and Imagination Station—have all embraced the city’s evolu- tion through their own transformations. In recent years, the Toledo Zoo & Aquarium opened the ProMedica Museum of Natural History, while Imag- ination Station debuted the 300-seat immersive KeyBank Discovery Theater. The Toledo Museum of Art, a
leader in the museum world, continues to make headline-worthy updates to its collection. TMA has begun a two-year project to re-install the entire museum collection, all while remaining open to the public. The National Museum of the Great Lakes recently broke ground on The Second Wave, a 5,000-square-foot expansion showcasing the storied pilot- house of the St. Mary’s Challenger. At the heart of Toledo’s renaissance is the city’s resilience and determina- tion. Toledo continues to stay true to its roots while reimagining the old and embracing the new. The abundance of growth, change, and investment will continue to shape a bright future for The Glass City.
PROTECTING FURRY FAMILY MEMBERS Pets are part of your employees’ families--and the ultimate partners in unwinding after a day on the job. But the price tag for keeping pets well can hit the wallet hard. The costs can add up, from those yearly check-ups to the unexpected moments in the vet's office. This is when pet insurance can help protect your employees’ pets and their bank ac- counts. Luca’s story
Nationwide member Lori C.'s longtime companion, a German shepherd named Karma, needed a new canine sidekick. At first, Lori wasn’t sure exactly where to start. She had deep connections in the shepherd rescue community and had fostered and
adopted numerous pups.
“Everyone has their breed, [and] shepherds have always been it for me,” she says.
Lori combed through local adoption resources in search of a match. Then, scrolling through social media one day, she saw Luca. “I saw his picture and his litter mates, and I fell in love,” she recalls. “We immediately drove out the next night to meet him.” Upon meeting the litter of puppies, Lori’s immediate connection with Luca was too special to ignore. “He was like one of the only ones that didn't wriggle when I held him,” Lori remembers. “He was comfortable [with me]. Anyways, he was the one I ended up with.” Once they arrived home, Luca settled in quickly—and proved to be just what Karma and the family needed. Like their German shepherd cousins, Shiloh shepherds are clever, sometimes mischievous pups. They’re also quite strong—as Lori discovered firsthand when Luca dismantled a cabinet. What happened? Before a full afternoon of work meetings, Lori needed to run a quick errand. Luca had been good around the house—and was something of drama king about staying in his crate—so Lori let him run free with Karma while she was away. Little did she know, Luca was hard at work doing some home renovations in her absence. When she re- turned, Lori was shocked by what she found. “I looked up the stairs and I see my cabinet gone. He pulled the entire cabinet out, track and everything,” Lori says. In addition to the dismantled cabinet, Luca had gotten into the trash that was hidden inside. She continues, “The barrel and the front of the cabinet was flung over into my dining room. He basically disman - tled my entire cabinet and attempted to eat everything in the barrel.” Among the trash on the floor, Lori discovered bits of corn cob—a major risk for a gastrointestinal obstruc - tion. Lori realized that Luca most likely ingested the cob, and knew she had no choice but to get him to the emergency vet right away.
Lori took Luca to the veterinarian for emergency treatment and brought Karma along to get checked out as well—just to be safe. After an afternoon of treatment and taking business calls from the vet- erinarian's office, Lori was able to bring Luca home to make a quick recovery, and his coverage was there to help with the eligible veterinary bills.* How pet insurance helped Luca has since been crate trained to prevent any other surprise home remodeling projects. However, if something unexpected happens again, his Nationwide pet insurance coverage is there to help.* “Just having that peace of mind if an event happens, knowing that you're not on your own ... I knew I could stay calm during that situation because everything was going to be okay.” Lori’s experiences in the foster world first introduced her to pet health insurance. She has supported many pups over the years, so she understands the importance of protecting them from the unexpect- ed. “I always suggest it because of course I have it and it has proven to be a lifesaver,” Lori says. “It's a thing nowadays. Everybody wants their dog covered … it gives you the freedom to be prepared for emergencies, if they come up, and just care for your pet.” – Lori C., Nationwide member since 2022 How pet insurance works Nationwide pet insurance offers reimbursement on eligible veterinary bills for accidents, illnesses and more. 1 Coverage is available for cats, dogs, birds, reptiles and small mammals. Once their plan is in effect, it's easy to use it for the veterinary care their pet needs. 1. Visit any veterinarian and pay for treatment 2. Submit a claim with invoice 3. Get reimbursed for eligible expenses 1 Other benefits that add up. • Unlimited 24/7 veterinary telehealth consultations included with every plan • Discounts on Petco veterinary services and pet medications filled at participating pharmacies • And much more Research suggests that companies that offer voluntary benefits like pet insurance are asso - ciated with a positive workplace culture, especially in metrics that matter most to employees. Best of all, pet insurance is universally appealing, benefiting employees across all age groups, including millennials, Gen X and baby boomers.
If you’re interested in learning more about pet insurance, visit https://partnersolutions.nationwide.com/pet/ohiochamber
If you’re interested in learning more about offering pet insurance to your employees, contact Dan Mar- tin at dmartin@ohiochamber.com or 614-406-3434.
[1] Some exclusions and deductibles may apply. Certain coverages may be excluded due to pre-existing conditions. See policy docu - ments for a complete list of exclusions and any annual limits that may apply. Plans may not be available in all states. Policy eligibility may vary. Products underwritten by Veterinary Pet Insurance Company (CA), Columbus, OH; National Casualty Company (all other states), Columbus, OH. Agency of Record: DVM Insurance Agency. All are subsidiaries of Nationwide Mutual Insurance Company. Sub - ject to underwriting guidelines, review and approval. Products and discounts not available to all persons in all states. Insurance terms, definitions and explanations are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in individual insurance contracts, policies or declaration pages, which are controlling. Nationwide, the Nationwide N and Eagle, and Nationwide is on your side are service marks of Nationwide Mutual Insurance Company. ©2025 Nationwide.
MORE THAN JUST PAYING CLAIMS: HOW OHIO’S HEALTH PLANS SUPPORT A STRONG STATE ECONOMY Kelly O’Reilly, President and CEO, Ohio Association of Health Plan
With health care representing an ever-growing portion of the economy statewide and nationally, managing costs in this vital sector is key to Ohio’s prosperity, even as making health care accessible to as many people as possible is
essential to Ohioans’ well-being. For the Ohio Association of Health Plans (OAHP), the complementary goals of access and affordability are at the heart of our mission. Our 16 member plans provide coverage to approximately 9 million Ohioans via private, commercial plans, and they partner with the state and federal governments to administer public programs such as Medicaid, Medicare and the Health Insurance Exchange. Beyond their importance to public and individual health, the plans are major contributors to the economy, with nearly 20,000 direct employees and an annual payroll of nearly $1.6 billion. They’re good jobs, with an aver- age annual wage of more than $83,000 — well above the average for other insurance industries in Ohio. Ohio’s employers play a major role in coverage, with 54% of Ohio residents covered by a private, employ- er-sponsored plan. Almost all Ohio workers — 89% — work for companies that offer health insurance. More than two-thirds (67%) can choose from two or more plans offered by their companies, and for those with sin- gle coverage, employers pay 77% of the premium. Beside those covered through their employers, 22% of Ohioans are served by Medicaid, 18% by Medicare and 1% by other public programs. Just 5% of Ohioans have no health coverage — an improvement from 2021, when 7% were uninsured. Health plans pay a state tax on premiums collected, contributing $666.7 billion to the state treasury. Ohio’s health insurance market is diverse and competitive, giving people a range of options for coverage to fit their needs. Some of OAHP’s member plans are national carriers; others are Ohio-based or regional. There are full-service plans as well as those that provide administrative support to employers, which assume the financial risk of self-insurance. Health insurance has evolved far beyond simply paying claims. More than actuaries and administrators, health plans employ doctors, nurses, pharmacists, social workers, care managers and community connectors, all in the interest of better engaging patients so that they get the care they need and take the actions required to stay healthy. Traditional payment models, which incentivize more care whether it’s beneficial or not, are giv - ing way to value-based and other alternative payment models that reward good outcomes rather than more procedures. The result? Healthier people and potential cost savings for employers and, in the case of public plans, tax- payers. In just one coverage year (2018-19), estimates are that the state’s Medicaid managed care program saved taxpayers between $4 billion and $5.4 billion. Health insurance done right is a critical part of building a healthy society and economy. OAHP is proud to tell the story of Ohio’s health plans, and we’ll keep advocating for policies that make coverage affordable and accessible to as many Ohioans as possible.
Ming Smith’s Moment
A December story from the web- site Artnet focused on the artists currently dominating US muse- ums. At the top of the list is Co- lumbus-raised Ming Smith, the first Black woman photographer to have her work added to the col- lection of New York’s Museum of Modern Art. Smith is also singled out by Artnet for having the most solo exhibitions on view of any artist in the country.
That concentration is due largely to a collaboration between three central Ohio institutions to spotlight several facets of the artist’s illustrious career: Columbus Museum of Art, The Gund at Kenyon College, and the Wexner Center for the Arts at The Ohio State University. The partnership has also gar-
nered attention from publications includ- ing The New York Times and Art in Amer- ica. “The simultaneous presentations of Ming Smith’s work came from conversations I was having with Ming in the fall of 2021, so it’s been in the making for over three years,” according to Kelly Kivland, cu- rator of Ming Smith: Wind Chime at the Wexner Center. “I’m just extraordinarily happy that Ming is not only able to see all these bodies of work on view at once, but that audiences here in central Ohio will for the first time as well.” Collectively, the venues reveal the beau- ty, movement, and spirituality found in Smith’s work, and how she went from chronicling her early life in Columbus to traveling the world exploring street pho- tography and different techniques such as double exposure.
Gifted a camera as a pre-teen by her
father, Smith took to it immediately, documenting her friends and home life. Her photography career be- gan as she was traveling by cab to a modeling assignment during her first trip to Africa in 1972, when she snapped an image of a woman in a billowing dress on a sidewalk in Da- kar, Senegal. About 30 images from the series launched by that photo, Africa, are included in Wind Chime. But the ex- hibition also features some of Smith’s most recent work, including collages
and a projection created with Ohio State’s Advanced Center for Computing and Design, which brings movement and dimension to her images. That piece is accompanied by a soothing soundscape commissioned from Smith’s son, jazz musician Mingus Murray.
At the Columbus Museum of Art, the first full presentation of the series Transcendence reflects Smith’s deep ties to the city, from the view outside her childhood bedroom window to scenes of the midway at the Ohio State Fair. The museum also currently hosts Ming Smith: August Moon, which captures the people and places of Pittsburgh’s Hill District, the inspiration for playwright August Wilson’s “Century Cycle.” The Gund at Kenyon College in Gambier joined in the partnership with the presenta- tion of Ming Smith: Jazz Requiem – Nota- tions in Blue, an ongoing series that centers the photographer’s travels in Europe and the influence of dance and music on her work. While The Gund exhibition closed Decem- ber 15, Ming Smith: Wind Chime is on view through January 5, 2025, and the shows at Columbus Museum of Art continue through January 26.
OHIO CHAMBER PRESENTS 2024 LIFETIME ACHIEVEMENT AND LEGISLATOR OF THE YEAR AWARDS
The Ohio Chamber of Commerce held its 2024 Impact Ohio Post-General Election Conference on November 7 at COSI. This recurring event offers attendees the first post-election opportunity to hear directly from the leaders who will shape Ohio’s policy and political agenda for the upcoming biennium. The event featured remarks from Ken- tucky Gov. Andy Beshear, Ohio Gov. Mike DeWine, Former Presidential Can- didate Vivek Ramaswamy, Senator-Elect Bernie Moreno and more. Panels com- prised of Ohio legislators, Ohio Con- gressmen and election and campaign experts dissected the November 2024 election and looked ahead to next year’s political outlook.
As part of the day’s programming, the Ohio Chamber presented the JoAnn Davidson Lifetime Achievement Award and the Legislator of the Year Awards. State Representative Bill Seitz was the recipient of the Lifetime Achievement Award for his contributions to the state and his lifelong dedication to its growth and develop- ment. “Rep. Seitz is widely recognized as one of the most hardworking and effective leaders in the Ohio State- house,” said Ohio Chamber President & CEO Steve Stivers. “He has served our state and its people for many years, and we are proud to recognize his continual efforts to improve life for all Ohioans with this award.” Additionally, two State Senators and two State Representatives were recognized as the 2024 Legislators of the Year: Sen. Hearcel Craig, Sen. Bob Hackett, Rep. Dani Isaacsohn and Rep. Andrea White. “We are proud to honor these legislators, all of whom have been great advocates for and partners of the busi- ness community in 2024,” said Stivers. “They have each gone above and beyond to establish and promote policies that support job creation, innovation and long-term economic growth. Their leadership truly makes a difference for our state’s business owners and residents.” Rep. Bill Seitz currently represents Ohio’s 30th House District, which consists of Cheviot, Delhi Township, Green and portions of Cincinnati in Hamilton County. Rep. Seitz also previously served in the Ohio Senate. He has held the position of House Majority Floor Leader since 2017, serving under five different speakers and two interim speakers. Throughout his career, Rep. Seitz has focused on energy, tort reform and other policy areas that affect Ohio’s business climate. He has also been a mentor to other policymakers, helping them to learn the Ohio Legislature and navigate their public service careers. After 24 years in the Ohio General As- sembly, Rep. Seitz has decided to retire at the end of his current term.
Sen. Bob Hackett currently represents Ohio’s 10th Senate District, which encompasses all of Clark, Clin- ton and Greene Counties. He is concluding his second term in the Ohio Senate, which follows his previous four terms of service in the Ohio House where he consistently supported and voted in favor of pro-business policies and regularly received Ohio Chamber PAC endorsements. He has been a partner to the business community as Chairman of both the House and Senate Insurance Committees, and his efforts helped keep Ohio’s insurance market among the most competitive in the nation. Sen. Hackett has consistently supported employers on workers’ compensation, unemployment compensation and civil justice legislation that improved Ohio’s business and legal climates. Sen. Hearcel Craig currently represents Ohio’s 15th Senate District, which comprises central Franklin Coun- ty, and holds the position of Assistant Minority Leader. He is currently in his second term in the Ohio Senate, and the Ohio Chamber PAC was proud to endorse him leading up to his re-election in 2022. Sen. Craig has always been mindful of Ohio’s workforce challenges, ranging from housing to discrimination, which he has demonstrated in both his caucus’s policy priorities and his own legislative endeavors. As Ranking Member of the Senate Select Committee on Housing, he has worked to ensure that Ohio has available, accessible and affordable housing options for its growing workforce. Rep. Andrea White currently represents Ohio’s 36th House District, which includes Kettering, Moraine, Oakwood, Belmont and portions of Dayton in Montgomery County. She has consistently been endorsed by the Ohio Chamber PAC and has consistently voted in favor of pro-business issues. She has worked tireless- ly to address Ohio’s childcare crisis; she co-chaired the Study Committee on Ohio’s Publicly Funded Child Care and Step Up to Quality and sponsored five pieces of legislation to address childcare during this General Assembly. She also worked with the Ohio Chamber on House Bill 24, legislation that the organization initially opposed, and worked to address its areas of concern and lead the Chamber to a position of support. Rep. Dani Isaacsohn currently represents Ohio’s 24th House District, which includes almost half of the City of Cincinnati. He also serves as Minority Whip for the Ohio House Democratic Caucus. Leading up to the General Election, the Ohio Chamber PAC was proud to endorse Rep. Isaacsohn for re-election to the Ohio House. He is passionate about childcare and housing issues, which he has demonstrated by sponsoring House Bill 499, a grant program to stimulate pro-housing policies, and House Bill 570, an Ohio Chamber pri- ority bill that would provide publicly funded childcare benefits to childcare staff members.
THIRD ANNUAL HEALTHCARE TRANSFORMATION SUMMIT CONVENES ON SEVERAL KEY TOPICS
Over 250 registrants joined the Ohio Chamber of Commerce at the Columbus Renaissance Hotel in November to hear and discuss numerous issues related to healthcare. The Chamber’s 2024 Health- care Transformation Summit, now in its third year under presenting sponsor CVS Health, unites policymakers and stakehold- ers for several panel and keynote discus- sions on timely healthcare matters. Kicking off the event, Director Judi French of the Ohio Department of Insurance and Director LeeAnne Cornyn of the Ohio De-
partment of Mental Health and Addiction Services regaled the crowd with their offices’ initia - tives and priorities. Director French detailed her department’s customer service tools to help Ohioans navigate costs and terms of their insurance policies, while Director Cornyn discussed OhioRISE, which keeps kids with severe mental health issues in the state and ensures coordi- nated care services under Medicaid. Panel discussions throughout the day included the proliferation of GLP-1 medications, contin- ued telehealth availability, healthcare workforce challenges, and wellness best practices for employers. Lunch keynote Joshua Fredell, VP and Head of PBM and Specialty Product Inno- vation for CVS Health, offered a presentation on maximizing the potential of biosimilars. The closing legislative panel of State Senator Steve Huffman, State Representative Bride Rose Sweeney, and State Representative Adam Holmes covered many topics, including
upcoming state operating budget constraints, Medicaid reimburse- ment levels, healthcare workforce deficits, and behavioral health chal - lenges. The Ohio Chamber looks forward to producing another highly successful healthcare summit and will soon be- gin to brainstorm future panel topics and keynotes for 2025. Feel free to email Ohio Chamber SVP of Government Affairs Rick Carfagna with any content suggestions at rcarfagna@ohiochamber.com.
On November 20, the Ohio Chamber of Commerce recognized three exceptional member companies with its 2024 Business of the Year Awards. The Ohio Chamber is the state’s leading business advocate and represents thousands of companies that do business in Ohio. Our mission is to aggressively champion free enterprise, economic competitive- ness and growth for the benefit of all Ohioans. The awards were presented at the Ohio Chamber’s 2024 Research Foundation Benefit Gala. This event, which was held at Franklin Park Conservatory in Columbus, benefits the Ohio Chamber of Commerce Research Foundation, Inc., a 501(c)(3) organization that serves to provide scholarly research to public policy makers. The foundation’s research serves as a resource to Ohio lawmakers and provides an in-depth look at what policy will have an impact on Ohio’s economy, economic competitiveness and job creation. “We are so proud to present our Business of the Year Awards to these three very deserving recipients,” said Ohio Chamber President & CEO Steve Stivers. “From driving growth and embracing new opportunities to making a positive impact in their communities and industries, these businesses embody hard work and successful leadership.” Awards were presented in three categories, including an overall Business of the Year, Innovative Business of the Year and Small Business of the Year. The recipient of the overall 2024 Business of the Year Award was Cenovus. Cenovus Energy has committed to investing $1.5 billion dollars in its Ohio refineries over the next five years. The company is also a leading voice in the energy industry and has been vocal on energy issues that our state faces. Cenovus is also a philanthropic organization, having donated $200,000 toward classroom technology at The Ohio State University Lima Campus. OHIO CHAMBER PRESENTS 2024 BUSINESS OF THE YEAR AWARDS
Eric Zimpfer, SVP of U.S. Refining, was present to accept the award.
The 2024 Innovative Business of the Year Award was presented to CVS Health. CVS Health is leading the way on healthcare innovation by focusing on rural health in underserved communities by establishing health zones, where it partners with communities facing barriers to good health. Additionally, the company has led on healthcare transformation by partnering with Meharry Medical College to improve health outcomes by training community health workers and local clinicians. CVS is not only innovative in the healthcare space but has also branched out to tackle issues such as the housing shortage by investing over $185 million in afford- able housing and $19 million in Columbus alone. CVS has been a long-standing member of the Ohio Chamber and was the founder of the Ohio Chamber Healthcare Transformation Summit in 2022. Tyler Yaple, Lead Director of State Government Affairs, and Dr. Lia Rodriguez, Executive Medical Officer & Chief Medi - cal Officer of CVS Healthspire, were present to accept the award. The 2024 Small Business of the Year Award recognized Associated Insurance. Associated Insurance provides industry-leading service and works tirelessly to help small businesses provide affordable options in the ever-changing insurance market. The team, led by Bill Bishop, advises clients on tough issues affecting their bottom-line and profitability. Bill has been a long-time member of the Ohio Chamber and serves on both the Execu - tive Committee and Board of Directors for the OCC, where he advises members and staff on the issues facing the Ohio business community.
Bill Bishop, President, and Geoff Bishop, Partner, were present to accept the award.
At the BRICS 2024 Summit in Kazan, the idea of a “BRICS trade currency” seemed ever more prominent. While the world grapples with immediate concerns like tariffs, inflation, labor costs, and deregulation, the potential impact on Ohio’s businesses and economy deserves specific attention. The Buckeye State, a major player in US manufacturing, agriculture, and technol- ogy, relies heavily on international trade. In 2023 alone, Ohio exported $55.8 billion worth of goods, and in 2021, Ohio exports supported an estimated 194,000 jobs 1 . A shift away from the US dollar could significantly reshape the landscape for Ohio businesses, presenting both challenges and opportunities. Ohio’s Exposure: Ohio’s diverse economy is deeply intertwined with global markets: • Manufacturing: This sector, responsible for $52.3 billion in exports in 2023, forms the backbone of Ohio’s economy. Key exports include transportation equipment ($16.1 billion), chemicals ($8.8 billion), and machinery ($6.6 billion). Changes in currency valuations and trade flows could affect the competitiveness of these Ohio-made goods in international markets .2 • Agriculture: Ohio, the 10th largest agricultural exporting state in the US, shipped $6.1 billion in agricultural products in 2022. Soybeans ($2.3 billion) and corn ($771 million) are major contributors. Currency shifts and potential trade realignments with key agricultural export partners like Brazil could impact pricing and demand for these products. 3 • Technology: Ohio’s growing technology sector, with its focus on advanced manufacturing, software, and IT services, could experience impacts on investment flows, supply chains, and global market access. Ohio’s Trade Partners: While Canada remains Ohio’s largest trading partner ($21.4 billion in 2023), significant trade relationships exist with key BRICS nations: • China : Ohio exported $2.8 billion worth of goods to China in 2023 .4 • Brazil: Brazil represents a $2 billion export market for Ohio. 5 • Asia as a whole: Accounts for $12.2 billion of Ohio’s exports. 6 This reliance on trade with BRICS nations underscores the potential impact of a new BRICS currency on Ohio’s economy. Challenges for Ohio Businesses: • Currency Volatility: A new BRICS currency could introduce volatility in exchange rates, making it challenging for Ohio businesses to price goods, manage costs, and forecast earnings, particularly for SMEs which make up 88% of Ohio’s exporting companies. 7 OHIO IN THE CROSSHAIRS: HOW A BRICS CURRENCY COULD RESHAPE THE BUCKEYE STATE’S ECONOMY – AND WHY BUSINESS LEADERS MUST ACT NOW
• Trade Disruptions: Shifts in trade patterns and potential realignment of supply chains could disrupt Ohio businesses’ access to critical inputs and export markets. This is particularly relevant given that 61% of Ohio’s exports currently go to FTA partners, a landscape that could be altered with the introduction of a BRICS currency. 8 • Increased Competition: A BRICS currency could boost the competitiveness of businesses within the bloc, potentially putting pressure on Ohio companies in both domestic and international markets. A Call to Action for Ohio’s Business Leaders The potential shift in the global economic landscape demands proactive engagement from Ohio’s business community. Now is the time for business leaders to: • Engage with Policymakers: Reach out to state and federal representatives to express concerns and advocate for policies that protect Ohio’s interests in the face of a potential BRICS currency. This includes: • Supply Chain Resilience: Push for policies that support diversification of supply chains and reduce reliance on single-source providers. • Trade Partnerships: Advocate for the strengthening and expansion of trade agreements that benefit Ohio businesses. • Currency Stability: Encourage policies that promote currency stability and mitigate risks associated with exchange rate fluctuations. • Collaborate and Inform: Work with industry associations, trade organizations, and government agencies to stay informed about developments, share best practices, and develop strategies to navigate the changing global landscape. • Invest in the Future: Prioritize innovation, research and development, and workforce training to ensure Ohio businesses remain competitive in a potentially multipolar world. Conclusion: The potential emergence of a BRICS currency presents both challenges and opportunities for Ohio businesses. By staying informed, assessing risks, and embracing innovation, Ohio can navigate this evolving landscape and position itself for success in a changing global economy. The Buckeye State, with its diverse industries and entrepreneurial spirit, has the potential to thrive in a multipolar world, but proactive adaptation and strategic planning will be crucial. The time for action is now. Ohio’s business leaders must engage with policymakers and advocate for their interests to ensure the state’s continued economic prosperity in a rapidly changing world.
1 Office of the United States Trade Representative.Ohio. 2 ibid 3 ibid 4 ibid 5 ibid 6 Office of the United States Trade Representative.Ohio
7 ibid 8 ibid
OHIO CHAMBER’S NEW MEMBER SHANGRI-LA DISPENSARIES GROWS PRESENCE AROUND THE STATE
Shangri-La Dispensaries is one of the nation’s leading cannabis multistate operators, with grow- ing retail, manufacturing, and cultivation opera- tions in Missouri, Illinois, and Connecticut, and now a growing presence in Ohio. The privately held, minority-owned company currently operates four Ohio retail cannabis stores: 618 St Clair Avenue in Cleveland, 211 Brooks Drive in Monroe, 100 Clarence F Warner Drive in West Monroe, and 215 W. Fifth Street in Delphos. Four additional stores are planned for 2025—one each in Butler and Franklin counties and two in Hamilton County.
Brothers Nevil and Kepal Patel founded Shangri-La in Missouri in 2019 and have grown it to one of the na- tion’s most respected licensed multistate operators. “In less than five years, we’ve grown from one dispensary in Missouri to retail, manufacturing, and cultiva - tion operations across four states. Soon, Ohio will represent a significant portion of our portfolio,” said Nevil Patel, Shangri-La’s CEO. Ohio’s decision to legalize adult-use cannabis provided Shangri-La with the opportunity to expand its medi- cal cannabis services, providing recreational cannabis products to all adults.
“Ohio’s recreational legalization allows Ohio residents to enjoy the many natural benefits medical users experience. Shangri-La is dedicated to providing all Ohio consumers with cannabis education and a variety of products in safe and convenient locations through- out the state,” said Nevil Patel. Shangri-La’s four Ohio retail stores employ 75 people and are expected to contribute over $3.3 million in state and local sales tax revenue in 2024. When the four new stores open in 2025, they will employ an additional 60 people, pushing the expected annual state and local tax revenue to over $7 million. “Shangri-La’s Ohio locations are helping local customers find the products they need while contributing to the local economy and providing tax revenue to municipalities. Our goal is to provide these benefits throughout Ohio over the coming years through even more convenient locations,” said Kepal Patel, Shangri-La’s President. For more information about Shangri-La, please contact Nevil Patel at nevil@slcann.com.
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