South Dakota Code § 58-18B-47

Third
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party administrator treated as small employer carrier.
If a small employer carrier enters into a contract, agreement, or other arrangement with a third
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party administrator to provide administrative, marketing, or other services related to the offering of health benefit plans to small employers in the state, the third
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party administrator is subject to §§
58-18B-37
to
58-18B-48
, inclusive, as if it were a small employer carrier.

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