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First dollar coverage

Insurance coverage with no front-end deductible where coverage begins with the first dollar of expense incurred by the insured for any covered benefit.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Health care
  • Category: General
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Related terms

first dollar coverage
Health care; General

A system in which the insurer pays for all employee out-of-pocket healthcare costs. Under first dollar coverage, the beneficiary has no deductible and no co-payments.

first dollar coverage
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Insurance coverage with no front-end deductible where coverage begins with the first dollar of expense incurred by the insured for any covered benefit.

first-dollar coverage
Health care; Insurance; Managed care; Health insurance

Insurance coverage without a front-end deductible so that coverage begins with the first dollar of expense incurred by the insured for any covered benefit.

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