What does it mean that Horizon BCBSNJ has filed an application for conversion?
Filing an application for conversion does not mean that our conversion will ultimately happen. However, it starts the public process of review of Horizon BCBSNJ’s potential conversion. The rigorous public process is outlined in the conversion law. There are many issues that must still be considered. If Horizon BCBSNJ believes conversion will not be beneficial for its members or the company, the Board of Directors can, at any time, stop the process.
Related Questions
- What does the conversion law require of the Commissioner of Banking and Insurance in reviewing Horizon BCBSNJ’s conversion application?
- Has Horizon BCBSNJ previously filed an application to convert to a for-profit health insurer?
- What does it mean that Horizon BCBSNJ has filed an application for conversion?
