HB1117

Creating Transparency and Accountability in Dental Services Act requires annual reporting of dental loss ratios by carriers.

The Creating Transparency and Accountability in Dental Services Act mandates dental insurance carriers to perform dental loss ratio calculations and file annual reports with the Commissioner of Insurance. The reports must be organized by market and product type, and include specific information such as enrollees, plan cost-sharing, deductible amounts, and annual coverage limits. The commissioner must then make these reports available to the public on the Department of Insurance's website and file a report on the collected data with the Senate and House Insurance Committees.