South Dakota Codified Laws
Chapter 05 - Insurance And Security For Payments
Section 62-5-16 - Claims administration contracts.

62-5-16. Claims administration contracts.
The secretary of the Department of Labor and Regulation may contract with any person, firm, or corporation qualified to administer claims of self-insured employers with respect to adjustment, administration, and management of workers' compensation claims for any self-insured employer. Costs of such claims administration shall be paid from the security deposit.

Source: SL 1989, ch 453, §9; SL 2011, ch 1 (Ex. Ord. 11-1), §33, eff. Apr. 12, 2011.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 62 - Workers' Compensation

Chapter 05 - Insurance And Security For Payments

Section 62-5-1 - Methods of securing payment of compensation.

Section 62-5-2 - Obtaining workers' compensation insurance.

Section 62-5-3 - Reciprocal or interinsurance contracts providing indemnity for loss under workers' compensation law.

Section 62-5-5 - Self-insurance by employer--Annual proof of solvency and financial ability--Application fee--Deposit of fees--Certificate of exemption.

Section 62-5-6 - Exemption of political subdivisions from security provisions.

Section 62-5-7 - Failure to secure payment as election not to operate under title.

Section 62-5-8 - Commission for placing insurance limited.

Section 62-5-9 - Issuance of policy to employer--Certification to department.

Section 62-5-10 - Surety for performance required for self-insurers--Irrevocable trust.

Section 62-5-11 - Requirements for acceptance of irrevocable letter of credit--Definitions.

Section 62-5-12 - Deposit of surety bonds, letters of credit, etc.

Section 62-5-13 - Deposit of certificate of deposit or government securities.

Section 62-5-14 - Deposit and withdrawal of cash.

Section 62-5-15 - Perfected security interest in deposit--Release of security interest.

Section 62-5-16 - Claims administration contracts.

Section 62-5-18 - Reduction of premium where employer selects a policy with a deductible.

Section 62-5-19 - Deductible does not affect reporting requirements.

Section 62-5-20 - Insurer to pay entire loss--Employer to reimburse deductible amount.

Section 62-5-21 - Provision of medical services and health care.