58-18A-81. Time for bringing existing contract into compliance with statutory requirements.
151 words·~1 min read·
/sd/title-58/chapter-58-18/58-18a-81·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A contract that provides health care benefits and that was issued before July 1, 2006, shall be brought into compliance with §§ 58-18A-53 to 58-18A-83 , inclusive, by the later of:
(1)The next anniversary date or renewal date of the contract;
(2)Twelve months following July 1, 2006; or
(3)The expiration of any applicable collectively bargained contract pursuant to which it was written.
For the transition period between the adoption of §§ 58-18A-53 to 58-18A-83 , inclusive, and the timeframe for which plans are to be in compliance pursuant to this section, no plan that is subject to the prior COB requirements may be considered a noncomplying plan by a plan subject to the new COB requirements. If there is a conflict between the prior COB requirements under the prior act and the new COB requirements under §§ 58-18A-53 to 58-18A-83 , inclusive, the prior COB requirements shall apply.