<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><title></title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccNormal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont-000001 { color: #0000FF; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s0a7f74b0-bde1-40fd-bdb4-b4fd717211cc000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccNormal"><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont">    </span><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont-000000">20:06:21:14.  Converted policy from group to individual -- Reduction of benefits -- Exception.</span><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont"> Notwithstanding any other provision of §§ </span><a href="https://sdlegislature.gov/Rules?Rule=20:06:21:09"><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont-000001">20:06:21:09</span></a><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Rules?Rule=20:06:21:17"><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont-000001">20:06:21:17</span></a><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont">, inclusive, a converted policy issued to an individual who at the time of conversion is covered by another long-term care insurance policy which provides benefits on the basis of incurred expenses may contain a provision which results in a reduction of benefits payable if the benefits provided under the additional coverage, together with the full benefits provided by the converted policy, would result in payment of more than 100 percent of incurred expenses. The provision may only be included in the converted policy if the converted policy also provides for a premium decrease or refund which reflects the reduction in benefits payable.</span></p><p dir="ltr" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccNormal"><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211cc000002"> </span></p><p dir="ltr" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccNormal"><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont">    </span><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont-000000">Source:</span><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont"> 22 SDR 97, effective </span><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont">December 18, 1995.</span></p><p dir="ltr" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccNormal"><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont">    </span><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont-000000">General Authority:</span><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-4"><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont-000001">58-17B-4</span></a><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont">.</span></p><p dir="ltr" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccNormal"><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont">    </span><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont-000000">Law Implemented:</span><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-5.1"><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont-000001">58-17B-5.1</span></a><span class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccDefaultParagraphFont">.</span></p><p dir="ltr" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211ccNormal"><span xml:space="preserve" class="s0a7f74b0-bde1-40fd-bdb4-b4fd717211cc000002"> </span></p></div></body></html>