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first-dollar coverage
[ furst-dol-er ]
noun
- insurance that provides payment for the full loss up to the insured amount with no deductibles.
Example Sentences
Medicare for All would provide all Americans with comprehensive first-dollar coverage.
For those with low incomes and chronic illnesses, M4Am, like Senator Bernie Sanders’ Medicare for All, would provide free first-dollar coverage for a wide range of medical, dental, and vision services.
The aim of UCC is to protect everyone against financially ruinous medical expenses though full first-dollar coverage for the poorest and sickest, while requiring income-based cost-sharing from those who can afford it.
If enacted, that plan would move the United States to the top of the world performance chart in a single bound by providing universal first-dollar coverage for a wide range of health care services.
In that case, a family with income of $25,000 or less would have first-dollar coverage with no deductible.
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