ARSD 20:06:06:04
The acceptable rates for credit health insurance are as follows:
(1) The following table gives the single premium rates for each per $100 of initial insured indebtedness:
No. of months
Nonretroactive
Benefits
Retroactive
Benefits
in which
14-day
30-day
14-day
30-day
indebtedness
nonretroactive
nonretroactive
retroactive
retroactive
is repayable
6 or less
$ .88
$ .34
$1.60
$1.15
7-9
1.06
.52
1.78
1.33
10-12
1.24
.70
1.96
1.51
13-15
1.42
.88
2.14
1.69
16-18
1.60
1.06
2.32
1.87
19-21
1.78
1.24
2.50
2.05
22-24
1.96
1.42
2.68
2.23
25-27
2.14
1.60
2.86
2.41
28-30
2.32
1.78
3.04
2.59
31-33
2.50
1.96
3.22
2.77
34-36
2.68
2.14
3.40
2.95
37-39
2.79
2.25
3.51
3.06
40-42
2.91
2.37
3.63
3.18
43-45
3.01
2.47
3.73
3.28
46-48
3.13
2.59
3.85
3.40
49-51
3.22
2.68
3.94
3.49
52-54
3.31
2.77
4.03
3.58
55-57
3.40
2.86
4.12
3.67
58-60
3.49
2.95
4.21
3.76
61-63
3.58
3.04
4.30
3.85
64-66
3.67
3.13
4.39
3.94
67-69
3.76
3.22
4.48
4.03
70-72
3.85
3.31
4.57
4.12
73-75
3.94
3.40
4.66
4.21
76-78
4.03
3.49
4.75
4.30
79-81
4.12
3.58
4.84
4.39
82-84
4.21
3.67
4.93
4.48
85-87
4.30
3.76
5.02
4.57
88-90
4.39
3.85
5.11
4.66
91-93
4.48
3.94
5.20
4.75
94-96
4.57
4.03
5.29
4.84
97-99
4.66
4.12
5.38
4.93
100-102
4.75
4.21
5.47
5.02
103-105
4.84
4.30
5.56
5.11
106-108
4.93
4.39
5.65
5.20
109-111
5.02
4.48
5.74
5.29
112-114
5.11
4.57
5.83
5.38
115-117
5.20
4.66
5.92
5.47
118-120
5.29
4.75
6.01
5.56
Source: 5 SDR 91, effective April 25, 1979; 12 SDR 151, 12 SDR 155, effective July 1, 1986; 26 SDR 150, adopted May 21, 2000, effective July 1, 2000.
General Authority: SDCL 58-19-34.
Law Implemented: SDCL 58-19-26.