20:06:21:24. Disclosure of payment of benefits based on certain standards. A long-term care insurance policy which provides for the payment of benefits based on standards described as "usual and customary," "reasonable and customary," or similar words must include a definition of the terms and an explanation of the terms in its accompanying outline of coverage.
Source: 22 SDR 97, effective December 18, 1995.
General Authority: SDCL 58-17B-4.
Law Implemented: SDCL 58-17B-10.
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