South Dakota Statutes
§ 62-5-18 — Reduction of premium where employer selects a policy with a deductible.
Any employer may agree, as a condition of the employer's contract for the insurance of compensation and benefits as provided in Title 62, to pay an amount specified in the contract per claim toward the total amount of any claim payable under workers' compensation. The amount of premium to be paid by an employer who selects a policy with a deductible shall be reduced based upon a rating schedule or rating plan filed with and approved by the director of insurance. Administration of claims shall remain with the insurer as provided in the terms and conditions of its policy.
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South Dakota § 62-5-18 (Reduction of premium where employer selects a policy with a deductible.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1990, ch 418, § 1; SL 1991, ch 421, § 1; SL 2008, ch 278, § 39.
Nearby Sections
15
§ 62-1-1
Definition of terms.§ 62-1-1.1
Medical practitioner defined.§ 62-1-1.2
Determining impairment.§ 62-1-11
Requirements for owner§ 62-1-13
Election of owner§ 62-1-14
Promulgation of rules.§ 62-1-2
Employer defined.