SB335

Montana SB335 revises laws to ensure dental insurance transparency and accountability.

Montana SB335, known as the Montana Dental Insurance Transparency and Accountability Act, mandates dental insurers to report the percentage of premium dollars spent on patient care. Insurers must provide annual rebates to policyholders if the percentage falls below 80%. The commissioner of securities and insurance will collect and publish this data on a public website. The act also defines terms such as "dental loss ratio" and "medical loss ratio," and it excludes certain health insurance coverage from its provisions.