S.D. Codified Laws § 58-17-64
Current with legislation signed by the governor on or before 3/6/2024
Premium rates for individual health benefit plans shall produce a minimum lifetime loss ratio of not less than sixty-five percent. The director may promulgate rules pursuant to chapter 1-26 which modify the minimum loss ratio required based on the specific design of the product or other objective and pertinent criteria.
SDCL 58-17-64