Definitions for "First Dollar Coverage"
A feature of an insurance plan in which there is no deductible, and therefore the plan's sponsor pays a proportion or all of the covered services provided to a patient as soon as he or she enrolls.
Insurance coverages or benefits that pay the entire covered amount without subtraction of or use of a deductible.
Health care coverage that has no deductible provisions; thus the coverage starts with the first dollar of expense.