Rhode Island lawmakers reintroduce dental loss ratio bill

Lawmakers in Rhode Island reintroduced the Fair Share for Dental Care Act to improve dental insurance transparency.

The bill would establish a dental loss ratio in the state, requiring dental insurers to spend at least 85% of premiums on patient care, according to a Feb. 20 news release from the Rhode Island General Assembly.

Under the legislation, insurers would be subject to submitting annual reports to the Rhode Island Office of the Health Insurance Commissioner that include the current and projected medical loss ratio for claims for their plans.

The state originally proposed the idea of a dental loss ratio last year.

The act was introduced by Rep. Joseph McNamara and Sen. Hanna Gallo. 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.