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2013 South Dakota Codified Laws
Title 58 - INSURANCE
Chapter 38 - Nonprofit Medical And Surgical Plans
§ 58-38-36 Minimum loss ratio for small employer health benefit plans.


SD Codified L § 58-38-36 (2013) What's This?

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.

Source: SL 1994, ch 381, § 1.

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