<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.s505ef1d2-9627-4711-b629-057a9581d019Normal { 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.s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont-000001 { color: #0000FF; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s505ef1d2-9627-4711-b629-057a9581d019000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s505ef1d2-9627-4711-b629-057a9581d019Normal"><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont">    </span><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont-000000">20:06:21:06.05.  Cost-of-living adjustments -- Rejection by policyholder.</span><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont"> Inflation protection as provided in §§ </span><a href="https://sdlegislature.gov/Rules?Rule=20:06:21:06"><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont-000001">20:06:21:06</span></a><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Rules?Rule=20:06:21:06.04"><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont-000001">20:06:21:06.04</span></a><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont">, inclusive, shall be included in a long-term care insurance policy unless an insurer obtains a rejection of inflation protection signed by the policyholder. The rejection shall be considered a part of the application and shall state: "I have reviewed the outline of coverage and the graphs that compare the benefits and premiums of this policy with and without inflation protection. Specifically, I have reviewed Plans (identify the plans) and I reject inflation protection."</span></p><p dir="ltr" class="s505ef1d2-9627-4711-b629-057a9581d019Normal"><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019000002"> </span></p><p dir="ltr" class="s505ef1d2-9627-4711-b629-057a9581d019Normal"><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont">    </span><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont-000000">Source:</span><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont"> 22 SDR 97, effective </span><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont">December 18, 1995.</span></p><p dir="ltr" class="s505ef1d2-9627-4711-b629-057a9581d019Normal"><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont">    </span><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont-000000">General Authority:</span><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-13.1"><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont-000001">58-17B-13.1</span></a><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont">.</span></p><p dir="ltr" class="s505ef1d2-9627-4711-b629-057a9581d019Normal"><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont">    </span><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont-000000">Law Implemented:</span><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-13"><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont-000001">58-17B-13</span></a><span class="s505ef1d2-9627-4711-b629-057a9581d019DefaultParagraphFont">.</span></p><p dir="ltr" class="s505ef1d2-9627-4711-b629-057a9581d019Normal"><span xml:space="preserve" class="s505ef1d2-9627-4711-b629-057a9581d019000002"> </span></p></div></body></html>