{"data":{"id":"us-sd/sdcl-58-18-89","jurisdiction":"us-sd","citation":"SDCL § 58-18-89","heading":"Promulgation of rules pertaining to multiple employer trusts.","body":"The director shall promulgate rules, pursuant to chapter 1-26, pertaining to multiple employer trusts in the following areas:\n(1) Consumer protection issues including minimum coverage standards for health policies; claims processing and payment practices; resolution of consumer complaints; compliance with federal HIPAA standards; plan termination processes and managed care protections; financial and market conduct record keeping and reporting; and unfair trade practices; and\n(2) Financial and plan solvency issues including investment capital requirements; surplus and deposit requirements; claims reserves, stop loss coverage, and standards for entry and exit of plan members including a nonrefundable minimum deposit of not less than two thousand five hundred dollars plus two percent of first year contributions on an annual basis; and production of financial statements, audited financial statements, and actuarial opinions.","path":["TITLE 58. INSURANCE","CHAPTER 58-18. GROUP AND BLANKET HEALTH INSURANCE POLICIES"],"source_url":"https://sdlegislature.gov/Statutes/58-18-89","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"49e6f9b35f529d5165071bb38974eb10339168eac17f8adb09072a4c4f04ab51","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-58-18-88.1","next":"us-sd/sdcl-58-18-90"},"notice":"GroundRules: Original legal text. Not legal advice."}