S.D. Admin. R. 20:06:13:58.01

Current through Register Vol. 51, page 57, November 12, 2024

Section 20:06:13:58.01 - Health insurance advertisement rate disclosures

Unless the disclosure made as required by § 20:06:13:58.02 is provided, no individual or group health insurance policy or certificate may in its advertisements include statements that directly or indirectly indicate that:

(1) Premiums or rates do not increase with age;

(2) Premiums or rates do not increase because of health conditions; or

(3) An insured will not be singled out for a rate or premium increase.

Policies for which no rate increase may be applied for any reason are exempt from the provisions of this section.

S.D. Admin. R. 20:06:13:58.01

32 SDR 128, effective 1/29/2006.

General Authority: SDCL 58-17A-2(11).

Law Implemented: SDCL 58-33-5, 58-33-6.