| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 3371 1 of 2 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 1003 | |
| 6 | 6 | January Session, 2025 | |
| 7 | 7 | LCO No. 3371 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on INSURANCE AND REAL ESTATE | |
| 11 | 11 | ||
| 12 | 12 | ||
| 13 | 13 | Introduced by: | |
| 14 | 14 | SEN. ANWAR, 3rd Dist. | |
| 15 | 15 | ||
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | AN ACT ESTABLISHING A DENTAL LOSS RATIO. | |
| 19 | 19 | Be it enacted by the Senate and House of Representatives in General | |
| 20 | 20 | Assembly convened: | |
| 21 | 21 | ||
| 22 | 22 | That title 38a of the general statutes be amended to: (1) Establish a 1 | |
| 23 | 23 | dental loss ratio of not less than eighty-three per cent for any dental 2 | |
| 24 | 24 | insurance policy issued in this state; (2) require any dental insurer that 3 | |
| 25 | 25 | fails to satisfy such dental loss ratio to issue rebates to covered persons 4 | |
| 26 | 26 | of an amount that results in such dental insurer satisfying such dental 5 | |
| 27 | 27 | loss ratio; and (3) establish expenditure reporting requirements for 6 | |
| 28 | 28 | dental insurers, including an evaluation of the proportion of funds 7 | |
| 29 | 29 | allocated to patient care versus administrative costs, marketing costs 8 | |
| 30 | 30 | and profits. 9 | |
| 31 | 31 | Statement of Purpose: | |
| 32 | 32 | To: (1) Establish a dental loss ratio of not less than eighty-three per cent | |
| 33 | 33 | for any dental insurance policy issued in this state; (2) require any dental | |
| 34 | 34 | insurer that fails to satisfy such dental loss ratio to issue rebates to | |
| 35 | 35 | covered persons of an amount that results in such dental insurer | |
| 36 | 36 | satisfying such dental loss ratio; and (3) establish expenditure reporting | |
| 37 | 37 | requirements for dental insurers, including an evaluation of the Proposed Bill No. 1003 | |
| 38 | 38 | ||
| 39 | 39 | ||
| 40 | 40 | LCO No. 3371 2 of 2 | |
| 41 | 41 | ||
| 42 | 42 | proportion of funds allocated to patient care versus administrative costs, | |
| 43 | 43 | marketing costs and profits. |