The bill enacts the Kansas Medical Loss Ratios for Dental Healthcare Services Plans Act, which establishes regulations for dental benefit plans in Kansas. It requires dental carriers to file an annual dental loss ratio (DLR) report with the commissioner of insurance, detailing the percentage of premium dollars spent on patient care. The DLR is calculated by dividing the total amount spent on patient care by the total earned premium revenues, with specific exclusions for administrative costs and certain fees. The bill mandates that by July 1, 2026, dental carriers must maintain a DLR of at least 85%. If a carrier falls below this threshold, the commissioner may take remediation actions, including requiring rebates to policyholders.

Additionally, the bill outlines the responsibilities of the commissioner, including making DLR information publicly available and reporting to the legislature. It also allows the commissioner to adopt necessary rules and regulations to enforce these provisions, including monitoring rate increases in relation to the dental services consumer price index. The act will take effect upon publication in the statute book.