What is the conversion period, in days, for an employee to convert group benefits to an individual policy upon termination of eligibility?

The conversion period for an employee to transition their group benefits to an individual policy upon termination of eligibility is typically set at 31 days. This period allows individuals enough time to make arrangements for continuing coverage privately after their group insurance ends. During this timeframe, the employee can apply for an individual policy without having to provide medical underwriting, making it a crucial benefit for individuals who may be losing their group health insurance. The duration of 31 days is standard in many insurance policies, reflecting a balance between providing sufficient time for individuals to secure alternative coverage while also ensuring that insurers can manage their risk effectively.