Section 58-17-77 - Temporary suspension of premium rates for individual health insurance--Reasons. - South Dakota Statutes

58-17-77. Temporary suspension of premium rates for individual health insurance--Reasons. The director may suspend for a specified period the application of subdivision 58-17-74(2) as to the premium rates for one or more rating periods upon a filing by the carrier and a finding by the director either that the suspension is reasonable in light of the financial condition of the carrier or that the suspension would enhance the efficiency and fairness of the marketplace for individual health insurance.

Source: SL 1996, ch 286, § 12.