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CT SB01002
Bill
Status
Introduced
1/22/2025
Primary Sponsor
Patricia Miller
Click for details
AI Summary
- Amends Title 38a of Connecticut general statutes to require dental insurance companies to meet the same medical loss ratio (MLR) requirements that currently apply to medical insurance
- Medical loss ratio standards typically require insurers to spend a minimum percentage of premium revenue (usually 80-85%) on actual healthcare services rather than administrative costs or profits
- Dental insurers would be required to rebate policyholders if they fail to meet the established MLR threshold
- Introduced by Senator Miller P. of the 27th District and referred to the Insurance and Real Estate Committee
Legislative Description
An Act Establishing A Medical Loss Ratio For Dental Insurance.
Last Action
Referred to Joint Committee on Insurance and Real Estate
1/22/2025
Committee Referrals
Insurance and Real Estate1/22/2025
Full Bill Text
No bill text available