South Dakota Codified Laws 58-17-78. Required disclosure when offering individual health benefit plan
Current as of: 2023 | Check for updates
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In connection with the offering for sale of any individual health benefit plan to a person, a carrier shall make a reasonable disclosure, as part of its solicitation and sales materials, of:
(1) The extent to which premium rates for a specified person are established or adjusted based upon age and gender;
Terms Used In South Dakota Codified Laws 58-17-78
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
(2) The provisions of the individual health benefit plan concerning the carrier’s right to change premium rates and the factors that affect changes in premium rates;
(3) The provisions relating to renewability of policies and contracts; and
(4) The provisions relating to any preexisting condition provision.
Source: SL 1996, ch 286, § 13.