South Dakota § 58-17-71 Separate classes of individual business--Reasons--Number.

South Dakota Statutes

§ 58-17-71 — Separate classes of individual business--Reasons--Number.

South Dakota § 58-17-71

Title 58INSURANCE

Ch. 58-13HEALTH INSURANCE POLICIES

This text of South Dakota § 58-17-71 (Separate classes of individual business--Reasons--Number.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 58-17-71 (2026).

Text

A carrier may establish a separate class of individual business only to reflect substantial differences in expected claims experience or administrative costs related to the following reasons:

(1)The carrier used more than one type of system for the marketing and sale of health benefit plans to individuals; or (2) The carrier has acquired a class of business from another carrier. A carrier may establish up to three separate classes of individual business under this section.

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A carrier may establish a separate class of individual business only to reflect substantial differences in expected claims experience or administrative costs related to the following reasons: (1) The carrier used more than one type of system for the marketing and sale of health benefit plans to individuals; or (2) The carrier has acquired a class of business from another carrier. A carrier may establish up to three separate classes of individual business under this section.