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Panel advances dental transparency bill after extended questioning about industry negotiations
Summary
Senate Bill 1101 would require dental plans to calculate and publish a dental-specific loss ratio; sponsors said the measure mirrors a Virginia model and committee members discussed prior negotiations with insurers and the dental association and potential Senate resistance.
Representative Tedford presented Senate Bill 1101, describing it as a dental-transparency measure that would require dental plans to create a dental loss ratio and publish it. Tedford said the bill follows a Virginia transparency model and that it is similar to measures considered previously in the chamber.
The issue matters because a published loss ratio would provide the public and regulators with a metric of insurer claims payouts relative to premiums in the dental market, potentially informing policy or oversight.
Members spent the longest portion of the hearing on this bill. Marty and other members…
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