Unless the disclosure made as required by § 20:06:13:58.02 is provided, no individual or group health insurance policy or certificate may in its advertisements include statements that directly or indirectly indicate that:

1. (1) Premiums or rates do not increase with age;
2. (2) Premiums or rates do not increase because of health conditions; or

3. (3) An insured will not be singled out for a rate or premium increase.

   Policies for which no rate increase may be applied for any reason are exempt from the provisions of this section.

Source: 32 SDR 128, effective January 29, 2006.

General Authority: SDCL 58-17A-2(11).

Law Implemented: SDCL 58-33-5 , 58-33-6.