Oklahoma § 36-4502.1 - Conversion privilege

§ 36-4502.1. Conversion privilege

A. A health insurance policy delivered or issued for delivery

in this state that provides for conversion to an individual policy

by an insured on termination of membership in or employment with the

Oklahoma Statutes - Title 36. Insurance

group shall provide a conversion privilege to an individual policy

to the spouse of the insured on death of the insured or on divorce

from the insured or on termination of the insured's membership in or

employment with the group for any reason including retirement. If

the conversion privilege available to the insured provides for

coverage of the insured's spouse, the group insurer shall not be

required to issue a separate conversion policy to the spouse.

B. Subsection A of this section applies only to a spouse of an

insured if the spouse is covered under the health insurance policy

at the time of the insured's death or divorce from the insured or

termination of the insured's coverage.

C. This act applies to all health insurance policies that are

delivered or issued for delivery in this state on or after October

1, 1981. Any presently approved policy forms containing any

provision in conflict with the requirements of this act may be

brought into compliance with this act by the use of riders and

endorsements which have been approved by the Commissioner of

Insurance.

D. As used in this section:

1. "Health insurance policy" means a group policy or contract

providing insurance for hospital, surgical, or medical expenses

incurred as a result of an accident or sickness.

2. "Insured" means an employee or member of a group that is

covered by a health insurance policy.

E. The person who accepts the conversion policy shall become

the insured and pay the premiums direct to the insurer.

Laws 1981, c. 160, § 2.