Any insurer that is subject to § 58-33A-1 offering to provide health benefits in this state through a policy, contract, or certificate that contains a provision limiting coverage to usual, customary, or reasonable charges shall provide prominent disclosure that the policy, certificate, or contract contains a usual, customary, and reasonable limitation and that this limitation may cause the insured to incur additional outofpocket expenses. An insurer may comply with this section by including the required disclosure in an outline of coverage.

Terms Used In South Dakota Codified Laws 58-33A-8.1

  • 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

Source: SL 2000, ch 251, § 1.