Rule 20:06:13:50 Policy classification -- Requirements and limitations.
20:06:13:50. Policy classification -- Requirements and
limitations. No agent or insurer may classify a Medicare supplement policy
as a 100 percent policy or describe any benefit as paying 100 percent unless
the policy, without exception, pays 100 percent of the difference between the
medical charges incurred and the amount Medicare pays.
15 SDR 143, effective March 29, 1989.
Authority: SDCL 58-17A-2.
Implemented: SDCL 58-17A-2.
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