Massachusetts to implement medical loss ratio for dental insurers in 2024
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Massachusetts to implement medical loss ratio for dental insurers in 2024

Massachusetts to implement medical loss ratio for dental insurers in 2024

The law, which was approved by voters and signed into law in 2022, requires carriers to spend at least 83% of premium payments on patient care and not on profits, salaries or administrative costs. 

When the measure appeared on the ballot in 2022, more than 70% of voters approved it.

Massachusetts has a similar law for medical insurance but has never had a medical loss ratio measure for dental care, the report said.

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