West Virginia HB4810 mandates transparency in dental health care service plans, requiring annual reporting of medical loss ratios and setting.
West Virginia HB4810 introduces regulations for dental health care service plans, emphasizing transparency and consumer protection. The bill requires dental carriers to file annual medical loss ratio (MLR) reports with the Insurance Commissioner, detailing how premium funds are spent on patient care. It prohibits certain payment restrictions and mandates clear communication of payment methods to dental providers.
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