MS HB1160

Requires dental insurance carriers to file annual dental loss ratio (DLR) reports with the Department of Insurance showing what percentage of premiums are spent on patient care versus administrative costs.

Sets minimum medical loss ratio of 83% for dental plans, requiring carriers to rebate the difference to enrollees if actual spending falls below this threshold by August 1 following the applicable year.

Requires dental carriers to file group product base rates by July 1 for January 1 effective dates and authorizes the Department of Insurance to disapprove rates that are excessive, inadequate, or unreasonable in relation to benefits.

Establishes presumptive disapproval of rates if administrative expenses increase more than the dental services Consumer Price Index, carrier surplus contribution exceeds 1.9%, or the aggregate DLR falls below 83%.

Mandates public hearings for presumptively disapproved rates and requires the Department of Insurance to post reported dental loss ratios on a public website by August 1 each year, effective July 1, 2025.