Rule 20:06:10:08.01 Health insurance advertisement rate disclosures.
insurance advertisement rate disclosures.
Unless the disclosure as required by § 20:06:10:08.02 is provided,
no individual or group health insurance policy or certificate may in its
advertisements or solicitations include statements that directly or indirectly
(1) Premiums or rates do
not increase with age;
(2) Premiums or rates do
not increase because of health conditions; or
(3) An insured will not be
singled out for a rate or premium increase.
Policies for which no rate increase
may be applied for any reason are exempt from the provisions of this section.
32 SDR 128, effective January 29, 2006; 38 SDR 116, effective January 10, 2012.
Authority: SDCL 58-33A-7.
Implemented: SDCL 58-33-5, 58-33-6, 58-33A-2, 58-33A-8.
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