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Rule 20:06:21:69 Premium rate schedule increases -- Adoption of rules.

          20:06:21:69.  Premium rate schedule increases -- Adoption of rules.

          (1)  Except as provided in subdivision (2) of this section, §§ 20:06:21:63 to 20:06:21:69, inclusive, applies to any long-term care policy or certificate issued in this state on or after November 1, 2002;

          (2)  For certificates issued on or after May 19, 2002, under a group long-term care insurance policy as defined in SDCL 58-17B-2(4)(a), which policy was in force on May 19, 2002, the provisions of §§ 20:06:21:63 to 20:06:21:69, inclusive, shall apply on the policy anniversary following May 1, 2003.

          Source: 28 SDR 157, effective May 19, 2002; 30 SDR 39, effective September 28, 2003.

          General Authority: SDCL 58-17B-4.

          Law Implemented: SDCL 58-17B-4.


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