Louisiana 2024 2024 Regular Session

Louisiana Senate Bill SB463 Comm Sub / Analysis

                    The original instrument was prepared by Beth O'Quin. The following digest, which
does not constitute a part of the legislative instrument, was prepared by Amanda
Trapp.
DIGEST
SB 463 Engrossed	2024 Regular Session	Wheat
Proposed law creates the "La. Dental Loss Ratios for Dental Healthcare Services Plans Act".
Proposed law provides definitions for "dental carrier", "dental healthcare service plan", and "dental
loss ratio".
Proposed law requires dental carriers to file an annual report for dental loss ratios to the
commissioner of insurance (commissioner) no later than March 1, 2025, and annually thereafter, no
later than March 1st of each calendar year.
Proposed law provides the information that is required to be included for the dental loss ratio annual
report.
Proposed law provides the commissioner may request additional information from the carrier to
verify the annual report data.
Proposed law requires the dental ratio report be published in a searchable format on the Dept. of
Insurance's website no later than June 30, 2025, and annually thereafter, no later than June 30th of
each calendar year.
Proposed law requires the commissioner to promulgate rules to effectuate proposed law. 
Effective January 1, 2025.
(Adds R.S. 22:1161-66)
Summary of Amendments Adopted by Senate
Committee Amendments Proposed by Senate Committee on Health and Welfare to the
original bill
1. Changes dates for the insurers to provide information to the commissioner and for
the commissioner to publish the information on Dept. of Insurance's website.
2. Makes technical changes.