Guardian to reduce dental coverage in Massachusetts once medical loss ratio begins

Guardian informed about 1,500 small businesses in Massachusetts that it will not sell policies to companies with fewer than 25 employees once the state's medical loss ratio is implemented in January, the Boston Globe reported Aug. 11. 

Massachusetts established a first-of-its-kind law last year that requires dental insurers to spend at least 83 percent of premium dollars on dental services or refund the difference to patients, among other requirements. 

The insurer stated in a memo that the medical loss ratio would make groups with fewer than 25 employees no longer profitable to serve. It will continue to sell other insurance products to small businesses.

The insurer currently provides dental insurance to 2,100 companies in the state.

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