Notices of Public Hearings to Adopt Rules
Notice of Public Hearing to Adopt Rules
October 19, 2015
A public hearing will be held in the West River Conference Room, 124 South Euclid Avenue, 2nd Floor, Pierre, South Dakota, on October 19, 2015 at 9 a.m., to consider the adoption and amendment of proposed rules to the following:
See the original Rules Text as posted on September 28, 2015. (in Adobe .pdf format*)
The effect of this rule change is to update the South Dakota Division of Insurance’s holding company rules regarding reporting requirements.
The reason this rule is being adopted is to be consistent with a National Association of Insurance Commissioners’ Model Regulation.
Chapters 20:06:39 and 20:06:40
The effect of this rule change is to amend rules regarding certificates of creditable coverage.
The reason for adopting this rule is that federal HIPPA laws no longer require insurers to provide a certificate of creditable coverage to every policyholder.
Persons interested in presenting data, opinions, and arguments for or against the proposed rules may do so by appearing in person at the hearing or by sending them to the South Dakota Division of Insurance, 124 South Euclid Avenue, 2nd Floor, Pierre, South Dakota 57501.
After the hearing, the Division of Insurance will consider all written and oral comments it receives on the proposed rules. The comment period will remain open for ten days following the public hearing. The Division may modify or amend a proposed rule at that time to include or exclude matters that are described in this notice.
Notice is further given to individuals with disabilities that this hearing is being held in a physically accessible place. Please notify the Division of Insurance at least 48 hours before the public hearing if you have special needs for which special arrangements must be made. The telephone number for making special arrangements is (605) 773-3563.
If you are unable to open the text of the proposed rules using the Rules Text link above, the rules may be obtained as a Microsoft Word attachment by email request. Paper copies of the proposed rules may be obtained without charge from:
South Dakota Division of Insurance
124 South Euclid Avenue, 2nd Floor
Pierre, South Dakota 57501
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