Bill > HB06816

This bill proposes to amend Title 38a of the Connecticut General Statutes to establish a medical loss ratio (MLR) specifically for dental insurance. A medical loss ratio is a measure that compares the amount of money an insurance company spends on healthcare claims and quality improvements to the total amount of premiums collected. In the context of dental insurance, this means the bill would require dental insurance providers to spend a certain percentage of the premiums they collect on actual dental care and related expenses, rather than administrative costs, marketing, or profits. While the specific details of the MLR requirement are not provided in this bill text, such provisions typically aim to ensure that insurance companies are providing value to consumers by mandating that a significant portion of premium dollars directly support healthcare services. By implementing this MLR for dental insurance, the bill seeks to potentially lower costs for consumers and improve the transparency and efficiency of dental insurance providers.

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https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06816&which_year=2025