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·Title 58 INSURANCE·Ch. 58-18B REGULATION OF SMALL BUSINESSES' GROUP AND BLANKET HEALTH INSURANCE

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.

Free access — add to your briefcase to read the full text and ask questions with AI

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.

South Dakota § 58-18B-6 (Disclosure in solicitation and sales materials.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.