58-18B-8. Suspension of rate requirements.
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/sd/title-58/chapter-58-18/58-18b-8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The director may suspend all or any part of the premium rate requirements of § 58-18B-3 applicable to one or more small employers for one or more rating periods upon a filing by the small employer carrier and a finding by the director that either the suspension is reasonable in light of the financial condition of the carrier or that the suspension would enhance the efficiency and fairness of the marketplace for small employer health insurance.