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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 58-41-18: Factors considered in determining financial responsibility.

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Where this section sits in the code
  1. TITLE 58. INSURANCE
  2. CHAPTER 58-41. HEALTH MAINTENANCE ORGANIZATIONS

In making a determination under subdivision 58-41-17(4), the director may consider:

(1) The financial soundness of the applicant's arrangements for health care services and the proposed schedule of charges used in connection therewith;

(2) The adequacy of its working capital;

(3) Arrangements which will guarantee for a reasonable period of time the continued availability or payment of the cost of health care services in the event of discontinuance of the health maintenance organization;

(4) Agreements with providers for the provision of health care services; and

(5) Any surety bond or deposit of cash or securities submitted in accordance with § 58-41-11 as a guarantee that the obligations will be duly performed.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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