Which of the following is offered in a basic medical expense plan?

Which of the following is offered in a basic medical expense plan?

• A. High deductible plans
• B. First dollar coverage with no deductible
• C. Limited provider options
• D. Coverage excluding preventive services

Answer: (B)

First dollar coverage with no deductible is a key feature of basic medical expense plans. This type of plan is designed to provide immediate benefits for medical expenses from the very first dollar spent, meaning that the insured does not have to meet a deductible before the plan starts paying for covered services. This can be particularly beneficial for individuals needing frequent medical care, as the costs are covered right from the beginning of the medical event, enhancing accessibility to healthcare services without the barrier of upfront costs. In contrast, high deductible plans typically require the insured to pay a substantial amount out-of-pocket before coverage kicks in, which is not a feature of basic medical expense plans. Limited provider options may be a characteristic of certain managed care plans but do not specifically define basic medical expense plans that prioritize more open access to providers. Coverage excluding preventive services would contradict the aim of basic medical expense plans to provide comprehensive coverage for necessary medical care.

First dollar coverage with no deductible is a key feature of basic medical expense plans. This type of plan is designed to provide immediate benefits for medical expenses from the very first dollar spent, meaning that the insured does not have to meet a deductible before the plan starts paying for covered services. This can be particularly beneficial for individuals needing frequent medical care, as the costs are covered right from the beginning of the medical event, enhancing accessibility to healthcare services without the barrier of upfront costs.

In contrast, high deductible plans typically require the insured to pay a substantial amount out-of-pocket before coverage kicks in, which is not a feature of basic medical expense plans. Limited provider options may be a characteristic of certain managed care plans but do not specifically define basic medical expense plans that prioritize more open access to providers. Coverage excluding preventive services would contradict the aim of basic medical expense plans to provide comprehensive coverage for necessary medical care.