AN ACT ESTABLISHING A MEDICAL LOSS RATIO FOR DENTAL INSURANCE.
SB 822 establishes a medical loss ratio requirement for dental insurance policies in the state. It directly affects dental insurance companies, requiring them to spend a specified minimum percentage of premium revenue on actual dental care claims rather than administrative costs. The bill amends insurance laws to implement this standard, ensuring more funds are used for patient care. The stated purpose is to increase transparency and accountability in dental insurance pricing. This policy change applies specifically to dental insurance products sold within the state.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2025
Last action Jan 21, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Jan 21, 2025
Committee
REF. TO JOINT COMM. ON Insurance and Real Estate
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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