wanaberetiree
Full time employment: Posting here.
- Joined
- Apr 20, 2010
- Messages
- 718
In my medical health plan thru my employer I found this clause:
"Conversion Privilege.
Who Is Eligible for Conversion Coverage
Except as specified below, if you lose coverage in this Plan, you have the right to purchase individual coverage through the Health Net conversion plan without being required to complete a health statement.
You must pay the cost of conversion coverage (called subscription charges). Please note, however, that the benefits, as well as the subscription charges, will not be the same as coverage through this Group Plan."
I am wondering if anybody has used this option and how much it ended up higher in cost? Any other details/opinions/comments are welcome!
PS: I have no specific plans to use it, just want to find out if and how it can be used.
"Conversion Privilege.
Who Is Eligible for Conversion Coverage
Except as specified below, if you lose coverage in this Plan, you have the right to purchase individual coverage through the Health Net conversion plan without being required to complete a health statement.
You must pay the cost of conversion coverage (called subscription charges). Please note, however, that the benefits, as well as the subscription charges, will not be the same as coverage through this Group Plan."
I am wondering if anybody has used this option and how much it ended up higher in cost? Any other details/opinions/comments are welcome!
PS: I have no specific plans to use it, just want to find out if and how it can be used.