SF1204
Dental organizations loss ratio met requirement provision
Legislative Session 94 (2025-2026)
Related bill: HF2334
AI Generated Summary
This legislative bill, S.F. No. 1204, proposes that dental organizations in Minnesota must meet a specific loss ratio requirement. This means that these organizations will be required to spend a certain percentage of premiums collected from customers on health care services rather than on administrative costs or profits. The bill seeks to amend a section of the Minnesota Statutes to include this new rule. It involves adding a new part to the existing law that defines the term "Commissioner" as the Commissioner of Commerce, who would be responsible for overseeing this regulation.
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 10, 2025 | Senate | Action | Introduction and first reading | ||
| February 10, 2025 | Senate | Action | Referred to | Commerce and Consumer Protection | |
| March 02, 2026 | Senate | Action | Author added |
Bill information comes from public records published by the Office of the Revisor of Statutes, the Minnesota House and the Minnesota Senate. AI summaries are written by MinneSlate and are not official. MinneSlate is independent and is not affiliated with the State of Minnesota or the Minnesota Legislature.