Minnesota HF2334 mandates dental organizations to meet a loss ratio requirement and report their dental loss ratios annually.

Minnesota HF2334 amends the state statutes to require dental organizations to meet a loss ratio requirement. Dental loss ratio is calculated as the total claims paid by a dental organization divided by the gross premium revenue received for providing dental care services. Dental organizations must ensure their dental loss ratio is at least 85 percent. If a dental organization does not meet this requirement, it must provide remediation to enrollees, which may include issuing a direct rebate, increasing dental plan benefit limits for the following year, or other methods determined by the.

Minnesota HF2334 mandates dental organizations to meet a loss ratio requirement and report their dental loss ratios annually.

Minnesota HF2334 amends the state statutes to require dental organizations to meet a loss ratio requirement. Dental loss ratio is calculated as the total claims paid by a dental organization divided by the gross premium revenue received for providing dental care services. Dental organizations must ensure their dental loss ratio is at least 85 percent. If a dental organization does not meet this requirement, it must provide remediation to enrollees, which may include issuing a direct rebate, increasing dental plan benefit limits for the following year, or other methods determined by the.