<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 58-17-4 - Consideration for policy to be stated. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2074934Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2074934SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2074934CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2074934Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2074934DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2074934000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2074934SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2074934SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2074934Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-17-4"><span class="s2074934SENU">58-17-4</span></a><span xml:space="preserve" class="s2074934SENU">. </span><span class="s2074934CL">Consideration for policy to be stated.</span></p><p dir="ltr" class="s2074934Normal-000000"><span class="s2074934DefaultParagraphFont">The entire money and other considerations therefor shall be expressed in a policy of health insurance.</span></p><p dir="ltr" class="s2074934Normal"><span xml:space="preserve" class="s2074934000001"> </span></p><p dir="ltr" class="s2074934Normal"><span class="s2074934SCL">Source:</span><span xml:space="preserve" class="s2074934SCL-000002"> SL 1966, ch 111, ch 25, § 2 (1).</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 58-17-4 - Consideration for policy to be stated. </title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s919c2f507c54420791d7b505cde29dd3Normal { 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.s919c2f507c54420791d7b505cde29dd3SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s919c2f507c54420791d7b505cde29dd3CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s919c2f507c54420791d7b505cde29dd3Normal-000000 { text-indent: 0.50in; 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.s919c2f507c54420791d7b505cde29dd3DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s919c2f507c54420791d7b505cde29dd3000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s919c2f507c54420791d7b505cde29dd3SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s919c2f507c54420791d7b505cde29dd3SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s919c2f507c54420791d7b505cde29dd3DefaultParagraphFont-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 58-17-4.1 - Filing and approval of individual policy premium rates."><meta property="og:description" content="SDLRC Codified Law 58-17-4.1 - Filing and approval of individual policy premium rates."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/58-17-4.1"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s919c2f507c54420791d7b505cde29dd3Normal"><a href="https://sdlegislature.gov/Statutes?Statute=58-17-4.1" rel="noopener"><span class="s919c2f507c54420791d7b505cde29dd3SENU">58-17-4.1</span></a><span xml:space="preserve" class="s919c2f507c54420791d7b505cde29dd3SENU">. </span><span class="s919c2f507c54420791d7b505cde29dd3CL">Filing and approval of individual policy premium rates.</span></p><p dir="ltr" class="s919c2f507c54420791d7b505cde29dd3Normal-000000"><span xml:space="preserve" class="s919c2f507c54420791d7b505cde29dd3DefaultParagraphFont">Premium rates charged for any individual accident and health insurance policy issued pursuant to this chapter shall be filed with and are subject to the approval of the director. The rates shall be filed for approval, administered, and reviewed subject to all of the applicable procedures in accordance with §§ </span><a href="https://sdlegislature.gov/Statutes?Statute=58-11-64" rel="noopener"><span class="s919c2f507c54420791d7b505cde29dd3DefaultParagraphFont">58-11-64</span></a><span xml:space="preserve" class="s919c2f507c54420791d7b505cde29dd3DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes?Statute=58-11-76" rel="noopener"><span class="s919c2f507c54420791d7b505cde29dd3DefaultParagraphFont">58-11-76</span></a><span class="s919c2f507c54420791d7b505cde29dd3DefaultParagraphFont">, inclusive.</span></p><p dir="ltr" class="s919c2f507c54420791d7b505cde29dd3Normal"><span xml:space="preserve" class="s919c2f507c54420791d7b505cde29dd3000001"> </span></p><p dir="ltr" class="s919c2f507c54420791d7b505cde29dd3Normal"><span class="s919c2f507c54420791d7b505cde29dd3SCL">Source:</span><span xml:space="preserve" class="s919c2f507c54420791d7b505cde29dd3SCL-000002"> SL 1988, ch 399, § 1; SL 2006, ch 254, § 1; SL 2011, ch 216, § 3.</span></p><p dir="ltr" class="s919c2f507c54420791d7b505cde29dd3Normal"><span xml:space="preserve" class="s919c2f507c54420791d7b505cde29dd3000001"> </span></p><p dir="ltr" class="s919c2f507c54420791d7b505cde29dd3Normal"><span xml:space="preserve" class="s919c2f507c54420791d7b505cde29dd3DefaultParagraphFont-000003">Commission Note: </span><span class="s919c2f507c54420791d7b505cde29dd3DefaultParagraphFont">SL 2011, ch 216, § 19 provides: "The provisions of this Act are repealed if the Patient Protection and Affordable Care Act, Pub. L. No. 111-148, 124 Stat. 119 (2010), as amended by the Health Care and Education Reconciliation Act of 2010, Pub. L. No. 111-152, 124 Stat. 1029 (2010) is found to be unconstitutional in its entirety by a final decision of a federal court of competent jurisdiction and all appeals exhausted or time for appeals elapsed."</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 58-17-4 - Consideration for policy to be stated. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2074936Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2074936SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2074936CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2074936Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2074936DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2074936000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2074936SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2074936SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2074936Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=58-17-4.2"><span class="s2074936SENU">58-17-4.2</span></a><span xml:space="preserve" class="s2074936SENU">. </span><span class="s2074936CL">Premium rates required to be reasonable--Rules to establish minimum standards promulgated by director.</span></p><p dir="ltr" class="s2074936Normal-000000"><span xml:space="preserve" class="s2074936DefaultParagraphFont">Premium rates charged for any individual accident and health insurance policy pursuant to this chapter shall be reasonable in relation to the benefits available under the policy. The director shall promulgate rules pursuant to chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=1-26"><span class="s2074936DefaultParagraphFont">1-26</span></a><span xml:space="preserve" class="s2074936DefaultParagraphFont"> to establish minimum standards in accordance with accepted actuarial principles and practices, for loss ratios of individual accident and health insurance policies on the basis of incurred claims experience and earned premiums.</span></p><p dir="ltr" class="s2074936Normal"><span xml:space="preserve" class="s2074936000001"> </span></p><p dir="ltr" class="s2074936Normal"><span class="s2074936SCL">Source:</span><span xml:space="preserve" class="s2074936SCL-000002"> SL 1988, ch 399, § 2.</span></p></div></body></html><br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 58-17-4 - Consideration for policy to be stated. 58-17-4.3 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 58-17-4.3 "> <META NAME="Description" Content="South Dakota Codified Laws 58-17-4.3"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 58-17-4.3. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Transferred to &#167;&nbsp;58-17-74.1 by SL 2005, ch 10, &#167;&nbsp;41.<p> </BODY> </HTML>