§ 20:06:21:24

ARSD 20:06:21:24

Disclosure of payment of benefits based on certain standards.

Effective Dec 18, 199522 SDR 97Source: 22 SDR 97, effective December 18, 1995. | General Authority: SDCL 58-17B-4 . | Law Implemented: SDCL 58-17B-10 .

A long-term care insurance policy which provides for the payment of benefits based on standards described as "usual and customary," "reasonable and customary," or similar words must include a definition of the terms and an explanation of the terms in its accompanying outline of coverage.

Source: 22 SDR 97, effective December 18, 1995.

General Authority: SDCL 58-17B-4 .

Law Implemented: SDCL 58-17B-10 .