SDCL § 58-18B-47: Third-party administrator treated as small employer carrier.

If a small employer carrier enters into a contract, agreement, or other arrangement with a third-party administrator to provide administrative, marketing, or other services related to the offering of health benefit plans to small employers in the state, the third-party administrator is subject to §§ 58-18B-37 to 58-18B-48, inclusive, as if it were a small employer carrier.