Filed as: Division of Insurance - Date Certain and Medicare Supplement Coverage Amounts
Medicare supplement insurance companies in South Dakota must update their coverage information to reflect 2026 federal Medicare cost-sharing amounts. Several deductibles and out-of-pocket limits are increasing: the Part A hospital deductible rises from $1,676 to $1,736, the Part B medical deductible from $257 to $283, skilled nursing facility coinsurance from $209.50 to $217 per day, and out-of-pocket limits for Plans K and L increase to $8,000 and $4,000 respectively. The high-deductible Plan F deductible also increases from $2,870 to $2,950. Additionally, the Division of Insurance is updating its reference materials to the 2026 edition of the National Association of Insurance Commissioners' Financial Condition Examiners Handbook.
AI-generated from the adopted rule text — verify against the official documents.
The Division of Insurance is updating the manuals referenced within our rules and updating the Medicare Supplement coverage amounts to the 2026 amounts set by the federal government.
Representative Muckey moved to deem the process complete, seconded by Representative Hansen; the motion passed unanimously, updating referenced NAIC manuals and the 2026 federal Medicare Supplement coverage amounts with no public comment received.
No specific cites listed — see the package documents.