South Dakota § 58-18B-6 Disclosure in solicitation and sales materials.

South Dakota Statutes

§ 58-18B-6 — Disclosure in solicitation and sales materials.

South Dakota § 58-18B-6

Title 58INSURANCE

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

This text of South Dakota § 58-18B-6 (Disclosure in solicitation and sales materials.) 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-6 (2026).

Text

Each small employer carrier shall make reasonable disclosure in solicitation and sales materials provided to small employers of the following:

(1)The extent to which premium rates for a specific small employer are established or adjusted due to the claim experience, health status or duration of coverage of the employees or dependents of the small employer;

(2)The provisions concerning the carrier's right to change premium rates and the factors, including case characteristics, which affect changes in premium rates;

(3)A description of the class of business in which the small employer is or will be included, including the applicable grouping of plans; and (4) The provisions relating to renewability of coverage.

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Each small employer carrier shall make reasonable disclosure in solicitation and sales materials provided to small employers of the following: (1) The extent to which premium rates for a specific small employer are established or adjusted due to the claim experience, health status or duration of coverage of the employees or dependents of the small employer; (2) The provisions concerning the carrier's right to change premium rates and the factors, including case characteristics, which affect changes in premium rates; (3) A description of the class of business in which the small employer is or will be included, including the applicable grouping of plans; and (4) The provisions relating to renewability of coverage.