Dental insurance; set medical loss ratio for insurers

Summary

The bill sets minimum loss‑ratio percentages that dental insurers must meet, based on the amount they spend on dental claims versus premiums collected. Insurers that fall below the required ratio would have to rebate the excess premiums to policyholders, and they must file detailed financial reports that the state would post publicly. It targets stand‑alone dental benefit plans and aims to increase transparency and value for consumers.

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

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