Insurance plan that combines basic benefits with major medical benefits. Usually this insurance coverage has no front-end deductible and benefits begin with the first dollar of expense incurred by the patient for a covered benefit. Sometimes basic benefits are referred to as “first-dollar” benefits.

Base health services listed in an individual’s health insurance plan plus coverage required under applicable federal and state regulations. Also called basic medical benefits .

Wages paid to an employee excluding overtime, bonuses, and other types of additional compensation. It may or may not include commission income. This financial amount is a way of determining an employee’s benefits and insurance contributions.

1. Insurance protection to offset hospital expenses for an individual. 2. Under Blue Cross and Blue Shield plans, this is coverage exclusive of major medical. 3. For Medicare beneficiaries, basic coverage is Medicare Part A and/or Part B exclusive of any supplemental coverage.

Death benefit in keeping with the terms of the original, basic contract of a life insurance policy, which is equivalent to the face amount. A basic death benefit does not include supplementary riders (e.g., accidental death benefit [ADB] rider). See also death benefit and face amount .

1. Specific benefits that federally qualified health maintenance organizations (HMOs) must offer to enrollees, defined under Subpart A, 110.102 of the Federal HMO Regulations. 2. Minimum health services that should be available for adequate health care for a population.

Insurance policy that provides for payment of a specific dollar amount on the insured’s death either to his or her estate or to a designated beneficiary so named.

Statistical table without a safety margin that shows the death rate at each age, expressed as so many per thousand. Also called a basic experience table .
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A table listing the actual ages of death of a population, with no adjustments made for probability.