Conversion is the option, available in certain states, to transition from job-based insurance to an individual policy when you become ineligible for job-based coverage. It may also apply to family members who lose dependent status, such as after a divorce.
- Conversion allows the shift from job-based to individual insurance.
- It applies when you lose eligibility for job-based coverage.
- Family members without job-based coverage may also be eligible if they lose dependent status.