20:06:55:20. Group plans --
Applicability. Sections 20:06:55:15 to 20:06:55:19, inclusive, apply for
plan years beginning after September 22, 2010, and apply to any employer based
health plan, including health benefit plans subject to the provisions of SDCL 58-18-42 but do not apply to excepted benefits.
For
plan or policy years beginning prior to January 1, 2014, a group health
insurance policy is exempt from the annual limit requirements if the policy is
approved for a waiver from such requirements by the U.S. Department of Health
and Human Services but such exemption only applies for the specified period of
time that the waiver from the U.S. Department of Health and Human Services is
applicable.
At
the time a policy receives a waiver from the U.S. Department of Health and
Human Services, the health carrier shall notify prospective applicants and
affected policyholders and the commissioner in each state where prospective
applicants and any affected insured are known to reside.
At
the time the waiver expires or is otherwise no longer in effect, the health
carrier shall notify affected policyholders and the commissioner in each state
where any affected insured is known to reside.
Source: 37 SDR 63, effective September
23, 2010; 37 SDR 111, effective December 7, 2010.
General Authority: SDCL 58-18-79.
Law Implemented: SDCL 58-18-43, 58-18-44, 58-18-45, 58-18-48, 58-18-51.1, 58-18-79.