Dental Referendum Passed In MA

[jefftinsuresyou]

Have you seen the new dental referendum that was passed in MA? Those of you who sell in Massachusetts, how do you think this will impact us? Has anybody heard anything about dental carriers making changes with this news?

The Impact of Dental Insurance Reform

In November 2022, Massachusetts voters approved a ballot initiative that will require dental insurers to spend at least 83% of customer premiums on patient care and initiatives aimed at improving the quality of care. The new law will require insurance companies that don’t reach that minimum...

hsdm.harvard.edu

 

[walthamny]

I sell in MA, this is likely one of those regulations where the impact will be unclear. It seems like they are trying to solve a problem that just does not exist. Auto and Medical insurance companies follow a somewhat similar logic and issue refunds if necessary. I have not seen it leading to lower auto or medical insurance rates. Likely same will happen here