Bill No. 1101 introduces new provisions related to dental insurance in Oklahoma, specifically focusing on community benefit expenditures and the reporting of dental loss ratios by dental carriers. The bill defines key terms such as "community benefit expenditure," which refers to activities aimed at improving access to dental services for low-income consumers and addressing oral health workforce shortages. It also establishes definitions for "dental coverage plan," "dental loss ratio," "large employer," and "small employer." Notably, community benefit expenditures do not include promotional or marketing expenses incurred by dental insurers.

Under the new law, dental carriers are required to file annual reports with the Insurance Commissioner detailing their dental loss ratios, starting from June 30, 2027, with initial reports covering the years 2024 to 2026. The Commissioner is tasked with posting these reports on their website and evaluating the effectiveness of public information regarding dental loss ratios, making recommendations for future reporting obligations if necessary. The act is set to take effect on November 1, 2025.