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Rule 20:06:13:60.01 Guaranteed renewable with benefit changes.

          20:06:13:60.01.  Guaranteed renewable with benefit changes. An issuer that eliminates an outpatient prescription drug benefit as a result of requirements imposed by the Medicare Prescription Drug, Improvement and Modernization Act of 2003 shall be deemed to satisfy the guaranteed renewable provision of § 20:06:13:60.

 

          Source: 31 SDR 214, effective July 6, 2005.

          General Authority: SDCL 58-17A-2.

          Law Implemented: SDCL 58-17A-2.

 


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