Coverage offered to resident under group policy issued in other state--Requirements

SDCL § 58-17B-14 — under STANDARDS FOR LONG-TERM CARE INSURANCE.

SDCL § 58-17B-14

No group long - term care insurance coverage may be offered to a resident of this state under a group policy issued in another state to a group described in subdivisions 58-17B-2(4)(a) and (4)(d) unless this state or another state having statutory and regulatory long - term care insurance requirements substantially similar to those adopted in this state has made a determination that such requirements have been met. Source: SL 1989, ch 440 , § 16.