DENTAL LOSS RATIO ACT House SponsorsRep. Jennifer Gong-Gershowitz 1/7/2025HouseSession Sine Die New Act Creates the Dental Loss Ratio Act. Sets forth provisions concerning dental loss ratio reporting. Provides that a health insurer or dental plan carrier that issues, sells, renews, or offers a specialized health insurance policy covering dental services shall, beginning January 1, 2025, annually submit to the Department of Insurance a dental loss ratio filing. Provides a formula for calculating minimum dental loss ratios. Sets forth provisions concerning minimum dental loss ratio requirements. Provides that the Department may adopt rules to implement the Act. Provides that the Act does not apply to an insurance policy issued, sold, renewed, or offered for health care services or coverage provided as a function of the State of Illinois Medicaid coverage for children or adults or disability insurance for covered benefits in the single specialized area of dental-only health care that pays benefits on a fixed benefit, cash payment-only basis. Defines terms. Effective January 1, 2025. 2/5/2024HouseFiled with the Clerk by Rep. Jennifer Gong-Gershowitz 2/6/2024HouseFirst Reading 2/6/2024HouseReferred to Rules Committee 2/14/2024HouseAssigned to Insurance Committee 3/13/2024HouseTo Insurance Main Subcommittee 4/5/2024HouseRule 19(a) / Re-referred to Rules Committee 1/7/2025HouseSession Sine Die