<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.s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal { 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.s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont-000000 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont-000001 { color: #0000FF; font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal"><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont">    </span><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont-000000">20:06:21:70.  Premium rate schedule increases -- Exceptional increases.</span><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont"> Except as provided in §§ </span><a href="https://sdlegislature.gov/Rules?Rule=20:06:21:63"><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont-000001">20:06:21:63</span></a><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Rules?Rule=20:06:21:69"><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont-000001">20:06:21:69</span></a><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont">, inclusive, exceptional increases are subject to the same requirements as other premium rate schedule increases.</span></p><p dir="ltr" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal"><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900000002"> </span></p><p dir="ltr" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal"><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont">    The director may request a review by an independent actuary or a professional actuarial body of the basis for a request that an increase be considered an exceptional increase.</span></p><p dir="ltr" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal"><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900000002"> </span></p><p dir="ltr" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal"><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont">    The director, in determining that the necessary basis for an exceptional increase exists, shall also determine any potential offsets to higher claims costs.</span></p><p dir="ltr" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal"><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900000002"> </span></p><p dir="ltr" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal"><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont">    </span><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont-000000">Source:</span><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont"> 28 SDR 157, effective </span><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont">May 19, 2002.</span></p><p dir="ltr" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal"><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont">    </span><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont-000000">General Authority:</span><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-4"><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont-000001">58-17B-4</span></a><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont">.</span></p><p dir="ltr" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal"><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont">    </span><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont-000000">Law Implemented:</span><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont"> SDCL </span><a href="https://sdlegislature.gov/Statutes?Statute=58-17B-4"><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont-000001">58-17B-4</span></a><span class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900DefaultParagraphFont">.</span></p><p dir="ltr" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900Normal"><span xml:space="preserve" class="s4cb975a8-a5cd-4abc-a5fd-f2d74d4a0900000002"> </span></p></div></body></html>