Which type of health insurance policy provides "first dollar" benefits for specified healthcare?

The correct answer is the basic medical expense policy, which is designed to provide "first dollar" benefits for specified healthcare services. This means that the policy covers expenses for certain medical costs without requiring the insured to meet a deductible first. Basic medical expense policies often pay for routine medical expenses such as doctor visits, hospital stays, and certain procedures, providing immediate financial assistance for healthcare needs.

This type of policy is typically more limited in scope compared to comprehensive medical plans or major medical insurance, which may include higher out-of-pocket costs and coverage for a wider array of services but do not provide first dollar coverage for all services. Basic medical expense policies are useful for those seeking straightforward coverage for essential health services without the complexity of deductibles and coinsurance that might accompany other types of health insurance.