Loss of coverage does not include termination or loss due to:

1. (1) Failure to pay premiums on a timely basis, including COBRA premiums prior to expiration of COBRA coverage; or

2. (2) Situations allowing for a rescission.

   If the triggering event is loss of qualified health plan a qualified individual or enrollee may only move to a different plan at the same level of coverage as the enrollees current plan.

Source: 39 SDR 203, adopted June 10, 2013, effective January 1, 2014.

General Authority: SDCL 58-17-87 , 58-18-79.

Law Implemented: SDCL 58-17-87 , 58-18-79 , 58-18-80.