South Dakota § 58-18B-18 Promulgation of rules for rating practices.

South Dakota Statutes

§ 58-18B-18 — Promulgation of rules for rating practices.

South Dakota § 58-18B-18

Title 58INSURANCE

Ch. 58-18BREGULATION OF SMALL BUSINESSES' GROUP AND BLANKET HEALTH INSURANCE

This text of South Dakota § 58-18B-18 (Promulgation of rules for rating practices.) 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 § 58-18B-18 (2026).

Text

The director may promulgate rules pursuant to chapter 1-26 to implement the provisions of §§ 58-18B-1 to 58-18B-3 , inclusive, § 58-18B-7 , §§ 58-18B-15 to , inclusive, and to assure that rating practices used by small employer carriers are consistent with the purposes of this chapter, including rules that:

(1)Assure that differences in rates charged for health benefit plans by small employer carriers are reasonable and reflect objective differences in plan design not including differences due to the nature of the groups assumed to select particular health benefit plans; and (2) Prescribe the manner in which case characteristics may be used by small employer carriers.

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The director may promulgate rules pursuant to chapter 1-26 to implement the provisions of §§ 58-18B-1 to 58-18B-3 , inclusive, § 58-18B-7 , §§ 58-18B-15 to , inclusive, and to assure that rating practices used by small employer carriers are consistent with the purposes of this chapter, including rules that: (1) Assure that differences in rates charged for health benefit plans by small employer carriers are reasonable and reflect objective differences in plan design not including differences due to the nature of the groups assumed to select particular health benefit plans; and (2) Prescribe the manner in which case characteristics may be used by small employer carriers.