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Dental Insurance Initiative to Appear on Massachusetts Ballot in November
Massachusetts voters will consider an initiative on their November ballot that would require dental insurance companies to spend 83% or more of premiums on actual patient care, not administrative costs or taxes. Those companies that spend less than 83% will have to pay rebates to subscribers. If the measure passes, it would take effect on January 1, 2024. The state of Massachusetts already requires medical insurance providers to spend at least 85% of premiums on patient care. Click here to read more.