ENTITLED, An Act to
provide for the continuance of coverage for dependents on certain health
insurance policies.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
Section
1.
That chapter
58-17
be amended by adding thereto a NEW SECTION to read as
follows:
No insurer or health carrier issuing a health benefit plan that provides dependent coverage for
any qualifying child, as defined by rules promulgated pursuant to
§
58-17-87, may terminate
coverage due to attainment of a limiting age below age nineteen, or, if a full-time student in an
accredited institution of higher learning as of the close of the calendar year, below age twenty-four.
However, the provisions of this section do not apply to any qualifying relative, as defined by rules
promulgated pursuant to
§
58-17-87, whose gross income is less than the exemption amount as
prescribed by the director by rules promulgated pursuant to chapter 1-26.
Section
2.
That chapter
58-18
be amended by adding thereto a NEW SECTION to read as
follows:
No insurer or health carrier issuing a health benefit plan that provides dependent coverage for
any qualifying child, as defined by rules promulgated pursuant to
§
58-18-79, may terminate
coverage due to attainment of a limiting age below age nineteen, or, if a full-time student in an
accredited institution of higher learning as of the close of the calendar year, below age twenty-four.
However, the provisions of this section do not apply to any qualifying relative, as defined by rules
promulgated pursuant to
§
58-18-79, whose gross income is less than the exemption amount as
prescribed by the director by rules promulgated pursuant to chapter 1-26.