BOSTON — Governor Maura Healey’s Division of Insurance announced today that nine health and dental insurance carriers will return $14.5 million to hundreds of thousands of Massachusetts consumers through rebates required under the state’s health and dental insurance laws.
For the first time, Massachusetts is requiring dental insurance companies to issue rebates after failing to meet the state’s Dental Loss Ratio (DLR) standard, making Massachusetts the first state in the nation to require and enforce dental insurance rebates. Six dental insurance companies – Blue Cross and Blue Shield of Massachusetts, Inc., Guardian Life Insurance Company, Harvard Pilgrim Health Care Insurance Company, Inc., Reliance Standard Insurance Company, Standard Insurance Company, and Starmount Life Insurance Company – will return $8.4 million to consumers enrolled in their dental plans. An additional $6.1 million will be returned by three health insurance companies – Harvard Pilgrim Health Care Insurance Company, Inc., Massachusetts General Brigham Health Plan and UnitedHealthcare Insurance Company – to consumers covered by individual and small employer health plans.