Relating to dental health care service plans

The purpose of this bill is to require transparency of dental health care insurance products. The bill requires annual reporting of the medical loss ratio with the Insurance Commissioner. The bill sets forth standards for the methods by which a dental carrier may pay a dental provider. The bill authorizes third party networks and sets standards for such networks. The bill requires an annual rebate to be paid in the form of a premium reduction when the MLR is not met. The bill provides for rulemaking.