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OK SB1101
Bill
Status
3/31/2025
Primary Sponsor
Bill Coleman
Click for details
AI Summary
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Dental carriers must file annual dental loss ratio reports with the Insurance Commissioner by June 30 each year, beginning in 2027, with the initial report covering calendar years 2024, 2025, and 2026
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Dental loss ratio is defined as the ratio of claims paid to providers, including related taxes, licensing fees, nonprofit community benefit expenditures, and fraud reduction savings
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The Insurance Commissioner must post all submitted reports on the department's website by September 15 of each year
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The Insurance Department must evaluate the effectiveness of public disclosure and recommend whether to continue or modify the reporting requirements
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Effective date is November 1, 2025
Legislative Description
Dental insurance; mandating reports by carrier; requiring certain data to be included in initial report. Effective date.
Last Action
Policy recommendation to the Commerce and Economic Development Oversight committee; Do Pass Insurance
4/8/2025