Bill > S676

This bill aims to ensure consumer cost protection under the dental medical loss ratio. It does this by amending the existing law to define key terms like "annual benefit maximum," "cost-sharing," and "out-of-pocket costs." The bill also requires carriers offering dental benefit plans to submit information about out-of-pocket costs, including annual benefit maximums and cost-sharing like co-pays, deductibles, and co-insurance. Additionally, the bill allows the commissioner to disapprove proposed changes to base rates and rating factors if they find an increase in out-of-pocket costs paid by a carrier's beneficiaries is unreasonable or excessive.

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https://malegislature.gov/Bills/193/S676