Bill
Bill > H1182
MA H1182
Relative to medical loss ratio reporting for dental benefits corporations
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to medical loss ratio reporting for dental benefits corporations. Financial Services.
AI Summary
This bill requires dental benefits corporations to submit annual comprehensive financial statements to the Division of Insurance, detailing information such as premiums, claims, medical loss ratios, administrative expenses, and other financial data. It also allows the Commissioner to approve dental benefit policies with different provider networks, and requires the Division to establish a uniform methodology for calculating and reporting medical loss ratios for dental benefit plans. The bill aims to provide greater transparency and oversight over the financial operations of dental benefits corporations in Massachusetts.
Committee Categories
Business and Industry
Sponsors (10)
Angelo Puppolo (D)*,
Harriette Chandler (D),
Jo Comerford (D),
Carmine Gentile (D),
Kevin Honan (D),
Brian Murray (D),
Dave Robertson (D),
Lindsay Sabadosa (D),
Steve Ultrino (D),
Tommy Vitolo (D),
Last Action
Accompanied a study order, see H4975 (on 09/01/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H1182 |
| Bill | https://malegislature.gov/Bills/192/H1182.pdf |
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