South Dakota § 58-41-123 Notice by risk bearing entity of change in conditions--Assignment of contract.

South Dakota Statutes

§ 58-41-123 — Notice by risk bearing entity of change in conditions--Assignment of contract.

South Dakota § 58-41-123

Title 58INSURANCE

Ch. 58-39HEALTH MAINTENANCE ORGANIZATIONS

This text of South Dakota § 58-41-123 (Notice by risk bearing entity of change in conditions--Assignment of contract.) 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 § 58-41-123 (2026).

Text

A health maintenance organization shall require in any contract with a risk bearing entity that the risk bearing entity provide notice to the health maintenance organization within thirty days of:

(1)Any changes involving the ownership structure of the risk bearing entity; or (2) Financial or operational concerns regarding the financial viability of the risk bearing entity. A health maintenance organization shall also require in any contract with a risk bearing entity a provision that allows the director, in the event that a risk bearing entity fails to comply with any provision of §§ 58-41-120 to 58-41-126 , inclusive, to assign for six months, the risk bearing entity's contract with providers to furnish covered services.

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A health maintenance organization shall require in any contract with a risk bearing entity that the risk bearing entity provide notice to the health maintenance organization within thirty days of: (1) Any changes involving the ownership structure of the risk bearing entity; or (2) Financial or operational concerns regarding the financial viability of the risk bearing entity. A health maintenance organization shall also require in any contract with a risk bearing entity a provision that allows the director, in the event that a risk bearing entity fails to comply with any provision of §§ 58-41-120 to 58-41-126 , inclusive, to assign for six months, the risk bearing entity's contract with providers to furnish covered services.