DLR transparency bill passes in Virginia

Virginia’s SB 257, addressing Dental Loss Ratio (DLR), has passed through the legislature and is now awaiting Gov. Glenn Youngkin’s (R) consideration. The bill does not prescribe a specific DLR rate; rather, it directs insurers to report their DLR to the state beginning in 2025. Additionally, the legislation mandates this information be presented in a publicly accessible format.