An Act to ensure consumer cost protection under the dental medical loss ratio

This bill amends Massachusetts state laws to strengthen consumer protections for dental insurance plans by requiring carriers to report specific cost data. It mandates that insurance companies submit information on annual benefit maximums and out-of-pocket expenses, such as co-pays and deductibles, to the state commissioner. Additionally, the legislation gives the commissioner authority to reject proposed rate increases if they are found to cause unreasonable or excessive rises in the costs paid by policyholders. These changes directly affect dental insurance providers and the individuals enrolled in their plans by increasing transparency and oversight over pricing structures.