Notice required for rate increase by group health insurance company

SDCL § 58-18-35 — under GROUP AND BLANKET HEALTH INSURANCE POLICIES.

SDCL § 58-18-35

Forty - five days before a premium rate increase is effective, the group health insurance company shall notify the policy holder in writing that the premium rate for the group health insurance will be increased. Source: SL 1989, ch 434 , § 1.