Dental insurance; set medical loss ratio for insurers

Summary

The bill sets minimum loss‑ratio thresholds—75% for stand‑alone individual dental plans and 83% for group plans—meaning insurers must use that portion of collected premiums to pay dental claims. Insurers that fall short must refund the shortfall to policyholders and must file a detailed report with the state insurance commissioner, which will be posted online for public view. The measure targets stand‑alone dental benefit plans and aims to increase transparency and value for enrollees.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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