Rule 20:06:13:22.04 One policy or certificate form allowed -- Exceptions.
20:06:13:22.04. One policy or certificate form allowed --
Exceptions. An issuer may not file for approval more than one form of a
policy or certificate of each type for each standard Medicare supplement
benefit plan except as provided in this section.
An issuer may offer, with the approval
of the director, up to four additional policy forms or certificate forms of the
same type for the same standard Medicare supplement benefit plan, one for each
of the following cases:
(1) The inclusion of new or
(2) The addition of either
direct response or agent marketing methods;
(3) The addition of either
guaranteed issue or underwritten coverage; and
(4) The offering of
coverage to individuals eligible for Medicare by reasons of disability.
18 SDR 225, effective July 17, 1992; 19 SDR 160, effective April 27, 1993.
Authority: SDCL 58-4-1, 58-17A-2, 58-17A-5.
Implemented: SDCL 58-17A-2, 58-17A-5.
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