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NAIFA Massachusetts

Understanding the Massachusetts Medical Loss Ratio Ballot

Posted on September 7, 2022 by NAIFA MassachusettsSeptember 8, 2022

The Massachusetts Medical Loss Ratio for Dental Insurance Plans Initiative will appear on the ballot as an indirect state statute on Nov. 8, 2022. It would require dental insurance carriers to submit plans for medical loss ratios (MLRs) to the insurance commissioner. If passed, it would establish the ratio at 83% and require insurers to refund excess premium to its covered individuals and groups.

 

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Special thanks to Principal for providing this information to our members.

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