South Dakota Codified Laws 58-17-68. “Professional association plan” defined
For purposes of §§ 58-17-66 to 58-17-87, inclusive, the term, professional association plan, means a health benefit plan offered through a professional association that covers members of a professional association and their dependents, and not others, in this state regardless of the situs of delivery of the policy or contract and which meets all the following criteria:
(1) Conforms with all the provisions of the rate requirements of §§ 58-17-66 to 58-17-87, inclusive;
Terms Used In South Dakota Codified Laws 58-17-68
- Contract: A legal written agreement that becomes binding when signed.
- State: when used in context signifying a jurisdiction other than the State of South Dakota, a state, the District of Columbia, a territory, commonwealth, or possession of the United States of America, or a province of the Dominion of Canada. See South Dakota Codified Laws 58-1-2
(2) Provides renewability of coverage for the members and dependents of members of the professional association that meets the renewability requirements of §§ 58-17-66 to 58-17-87, inclusive;
(3) Provides availability of coverage for the members and dependents of members of the professional association without regard to health status; and
(4) Is offered by a carrier that offers health benefit plan coverage to any professional association seeking health benefit plan coverage from the carrier.
Source: SL 1996, ch 286, § 3; SL 2003 (SS), ch 1, § 28.