FOR AN ACT ENTITLED, An Act to require Legislative approval before a health insurance exchange is created or implemented.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
    Section 1. No public health insurance exchange may be created or implemented without the express approval of the Legislature.
    Section 2. No provision under Title 58 may be construed as granting the director of insurance, or any other person, the authority to create or implement a public health insurance exchange.
    Section 3. For purposes of this Act, health insurance exchange means any government run or administered health benefit market as defined in the federal 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, 142 Stat. 1029 (2010) where individuals or small businesses with up to one hundred employees may purchase qualified health benefit plans.

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180 copies were printed on recycled paper by the South Dakota Legislative Research Council at a cost of $.063 per page.

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Insertions into existing statutes are indicated by underscores. Deletions from existing statutes are indicated by overstrikes.

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