S.D. Codified Laws § 58-38-36

Current through the 2024 Legislative Session
Section 58-38-36 - Minimum loss ratio for small employer health benefit plans

Premium rates for small employer health benefit plans shall produce a minimum lifetime loss ratio of not less than seventy-five percent. The director may promulgate rules pursuant to chapter 1-26 which modify the minimum loss ratio required based upon the specific plan design or other objective and pertinent criteria.

SDCL 58-38-36

SL 1994, ch 381, § 1.