N.J.S.A 17:48D-14 Percentage of premiums used for payments.

17:48D-14 Percentage of premiums used for payments.

14. At least 70 percent of every dental plan organization’s earned premium in the first year of operation, 75 percent in the second year, and 80 percent in all subsequent years shall be used for payments to dentists for dental services and supplies provided to covered persons.

L.1979,c.478,s.14; amended 2005, c.38, s.12.

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