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

This bill amends Massachusetts laws to strengthen consumer protections for dental insurance plans by requiring carriers to report specific cost details. It mandates that insurance companies submit data on out-of-pocket expenses, such as deductibles and co-pays, and defines the total annual amount a plan will pay for care. Additionally, the bill gives state regulators the authority to reject proposed rate increases if they result in unreasonable or excessive out-of-pocket costs for policyholders. These changes directly affect dental insurance carriers and the members of their plans by increasing transparency and limiting potential cost hikes.