58-17B-1. Scope.
This chapter applies to policies delivered or issued for delivery in this state on or after July 1, 1989. This law does not supersede the obligations of entities subject to this chapter to comply with other applicable insurance laws insofar as they do not conflict with this chapter. Laws and rules designed and intended to apply to medicare supplement insurance policies may not be applied to long-term care insurance. A policy which is not advertised, marketed, or offered as long-term care insurance or nursing facility insurance need not meet the requirements of this chapter.
Source: SL 1989, ch 440, ยง1.
Structure South Dakota Codified Laws
Chapter 17B - Standards For Long-Term Care Insurance
Section 58-17B-2 - Definition of terms.
Section 58-17B-3 - Minimum requirements for individual policy.
Section 58-17B-4 - Adoption of rules--Standards for disclosure.
Section 58-17B-5 - Grounds for termination and certain provisions prohibited.
Section 58-17B-5.1 - Replacement of policy--Waiver of time periods.
Section 58-17B-8 - Adoption of rules to establish loss ratio standards.
Section 58-17B-9 - Policyholder's right to return--Notice.
Section 58-17B-10 - Delivery of outline of coverage--Contents.
Section 58-17B-11 - Contents of certificate.
Section 58-17B-12 - Compliance with chapter prerequisite to advertisement, marketing, offer.
Section 58-17B-13 - Endorsement required--Cost-of-living adjustment not required.
Section 58-17B-13.1 - Establishment of standards and requirements for cost-of-living adjustment.