South Dakota Statutes
§ 58-18B-18 — Promulgation of rules for rating practices.
South Dakota·Title 58 INSURANCE·Ch. 58-18B REGULATION OF SMALL BUSINESSES' GROUP AND BLANKET HEALTH INSURANCE
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.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 58-18B-18 (Promulgation of rules for rating practices.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1995, ch 281, § 11.
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.