§ 58-40-10.6 Coordination, integration, or lessening of benefits restricted.

SD Codified L § 58-40-10.6 (2019) (N/A)
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58-40-10.6. Coordination, integration, or lessening of benefits restricted. No group health insurance policy or group subscriber contract issued by a nonprofit corporation delivered or issued for delivery in this state may contain a provision requiring coordination of benefits, integration of benefits, or lessening of policy benefits because of the existence or availability of coverage under an individual health insurance policy or individual subscriber contract issued by a nonprofit corporation.

An individual health insurance policy or individual subscriber contract issued by a nonprofit corporation may be rescinded within its contestable period for material misrepresentation if the full premium is refunded.

This section applies to policies issued or renewed after July 1, 1981.

Source: SL 1981, ch 362, §§ 1, 2.