Alaska HB273 modifies direct health care agreements and dental insurance plans, including reporting requirements for dental loss ratios.
Alaska HB273 amends the state's regulations on direct health care agreements and dental insurance plans. It specifies the details that must be included in direct health care agreements, such as the services offered, periodic fees, and contact information for the provider. The bill also mandates that insurers file annual dental loss ratio reports, detailing the percentage of premium dollars spent on patient care. Insurers with dental loss ratios significantly below the average may face remediation actions, including potential rebates to policyholders.
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