20:06:13:22.06. Combination of experience for calculation of refund or credit. The experience of all policy forms or certificate forms of the same type in a standard Medicare supplement benefit plan shall be combined for purposes of the refund or credit calculation prescribed in § 20:06:13:21.01. Forms assumed under an assumption reinsurance agreement may not be combined with the experience of other forms for purposes of the refund or credit calculation.
Source: 18 SDR 225, effective July 17, 1992.
General Authority: SDCL 58-4-1, 58-17A-2, 58-17A-5.
Law Implemented: SDCL 58-17A-2, 58-17A-5.
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