Bill > SB01003

This bill proposes to establish new regulations for dental insurance policies in the state, focusing on three key provisions. First, it mandates that dental insurance companies maintain a dental loss ratio (DLR) of at least 83%, which means that 83% or more of the premiums collected must be spent directly on patient care and claims. Second, the bill requires any dental insurer that fails to meet this 83% threshold to issue rebates to policyholders that would bring their spending in line with the required ratio. Third, the bill establishes reporting requirements that will compel dental insurers to transparently disclose how they allocate their funds, specifically detailing the proportions spent on patient care, administrative expenses, marketing, and profits. The goal of these provisions is to ensure that dental insurance companies are spending a significant majority of their revenue on actual healthcare services rather than overhead and profit, ultimately providing more value and financial protection for patients.

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https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB01003&which_year=2025