For complete 2022 election coverage, head to our 2022 Elections Headquarters.
Voters will decide Tuesday the fate of a statewide ballot question asking residents to weigh in on regulations pertaining to dental insurance companies.
According to a summary posted to the secretary of state’s website, the proposed law would require dental insurance carriers to spend at least 83% of premiums on members’ dental expenses and quality improvements rather than administrative expenses.
A yes vote, according to the secretary of state, would regulate dental issuance rates, and a no vote would make no change in the state law.
The Committee on Dental Insurance Quality, which backs the question, says a yes vote “expands consumer protection laws that already exist for medical insurance companies to dental insurance companies.”
“Similar to medical insurance, this law would require dental insurance companies to allocate at least 83% of paid premiums to patient care, or refund premiums to patients to meet this standard,” the committee argues.
The Committee to Protect Public Access to Quality Dental Care, which opposes the question, says approving the law “will increase costs for Massachusetts families and employers.”
“With consumer prices soaring, we don’t need a new regulation that will increase costs and decrease choice,” the committee says.
For more official information on the question, visit the secretary of state’s website.
Pennsylvania town, insurers to pay $3.75M over housing project dispute
More people will be eligible for health insurance through Covered California
Advisor News
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
- Navigating client communication in a digital age
- Can your advisory firm survive without you?
More Advisor NewsAnnuity News
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
- Solen Software acquires annuity software provider Cooperative Technologies
- MassMutual Expands Lending Options With New Secured Credit Line
More Annuity NewsHealth/Employee Benefits News
- Wyoming County employees to see changes to some insurance plans
- Reports Summarize Managed Care Study Results from Brown University (Litigating the No Surprises Act: How Legal Challenges Undermined Cost Containment and Reshaped Provider Payments): Managed Care
- Researchers from Geisinger Provide Details of New Studies and Findings in the Area of Managed Care and Specialty Pharmacy (Trends In Annual Medication Possession In Older Adults With Type 2 Diabetes): Drugs and Therapies – Managed Care and Specialty Pharmacy
- Job-Based Health Plan Costs Rise, With Little Relief in Sight
- Here’s what Gov. Moore and Dan Cox promised Marylanders with disabilities
More Health/Employee Benefits NewsLife Insurance News