South Dakota § 58-18B-3.1 - Base rate increase to be filed with director--Approval or disapproval.
Full text of South Dakota South Dakota Codified Laws § 58-18B-3.1 — Base rate increase to be filed with director--Approval or disapproval., with citation guidance and answers to common questions.
§ 58-18B-3.1. Base rate increase to be filed with director--Approval or disapproval.
No small employer carrier may increase its small employer base rates unless the small employer carrier has filed the base rate increase with the director for review at least thirty days prior to the implementation of the rate increase. The base rates are deemed approved at the expiration of thirty days after the filing thereof unless disapproved by the director within thirty days after the date of filing. The filing of the base rate increase shall include documentation sufficient to actuarially justify the increase and a history of the earned premiums and incurred claims on the policy forms applicable to the rate increase. The base rates shall be reasonable in relation to the benefits.
Source: SL 2011, ch 216, § 18.
Commission Note: SL 2011, ch 216, § 19 provides: "The provisions of this Act are repealed if the Patient Protection and Affordable Care Act, Pub. L. No. 111-148, 124 Stat. 119 (2010), as amended by the Health Care and Education Reconciliation Act of 2010, Pub. L. No. 111-152, 124 Stat. 1029 (2010) is found to be unconstitutional in its entirety by a final decision of a federal court of competent jurisdiction and all appeals exhausted or time for appeals elapsed."
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 58-18B-3.1
What does South Dakota Codified Laws § 58-18B-3.1 cover?
Section 58-18B-3.1 ("Base rate increase to be filed with director--Approval or disapproval.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 58-18B-3.1?
A common citation format is "South Dakota Codified Laws § 58-18B-3.1" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 58-18B-3.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.