Mississippi Senate Bill 2759

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 5-0)
Status: Failed on March 5 2024 - 100% progression
Action: 2024-03-05 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Create The Transparency And Accountability Of Patient Premiums Invested In Dental Care Act; Define "medical Loss Ratio" As The Minimum Percentage Of All Premium Funds Collected By A Dental Insurance Plan Each Year That Must Be Spent On Actual Patient Care Rather Than Administrative And Overhead Costs; To Define "administrative And Overhead Costs"; To Provide That A Health Care Service Plan That Issues, Sells, Renews, Or Offers A Specialized Health Care Service Plan Contract Covering Dental Services Shall File A Mlr With The Department Of Insurance That Is Organized By Market And Product Type And Contains The Same Information Required In The 2013 Federal Medical Loss Ratio Annual Reporting Form; To Provide The Timeline For Submitting Information For Data Verification Of The Health Care Service Plan's Representations In The Medical Loss Ratio Annual Report; To Provide That The Medical Loss Ratio For Dental Insurance Plans Shall Be 83%; To Provide The Method For Calculating The Total Amount Of An Annual Rebate Required; To Provide The Time That A Carrier Offering Dental Benefit Plans Has To File Group Product Base Rates And Any Changes; To Authorize The Department Of Insurance To Disapprove Any Base Rate Changes That Are Excessive, Inadequate Or Unreasonable In Relation To Benefits Charged; To Provide When The Commissioner Of Insurance May Presumptively Disapprove As Excessive A Dental Benefit Plan Carrier's Rate; To Provide The Hearing Process For When A Proposed Rate Change Has Been Presumptively Disapproved; To Authorize The Department Of Insurance To Promulgate Rules And Regulations; To Provide The Applicability Of The Act; And For Related Purposes.

Transparency and Accountability of Patient Premiums Invested in Dental Care Act; create.

Sen. Walter Michel [R]	Sen. Michael McLendon [R]	Sen. Dean Kirby [R]	Sen. David Parker [R]
Sen. Chad Mcmahan [R]

Date	Chamber	Action
2024-03-05	Senate	Died In Committee
2024-02-19	Senate	Referred To Insurance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2024/pdf/history/SB/SB2759.xml
Text	https://billstatus.ls.state.ms.us/documents/2024/html/SB/2700-2799/SB2759IN.htm