20:06:39:34.02.  Renewability of short term major medical plans. For short term major medical plans, as defined in SDCL subdivision 58-17-66(14), the policy must specify an expiration date that is less than 12 months after the original effective date of the policy and, taking into account renewals or extensions, may have a duration of no more than 36 months in total.

          Source: 47 SDR 68, effective December 7, 2020.

          General Authority: SDCL58-17-87.

          Law Implemented: SDCL 58-17-87.