In addition to financing medical expenses, lost income, and replacement services, a good health insurance plan incorporates:

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Quizplus · Accepted Answer

A good health insurance plan should not only cover medical expenses and lost income, but also incorporate other means of risk reduction, such as risk avoidance and risk assumption. This can include preventive care and wellness programs, as well as options for policyholders to take steps to reduce their own risk of illness or injury. Social Security benefits and life insurance are not typically included in health insurance plans, and lifetime limited dollar coverage on pre-existing conditions is no longer permitted under the Affordable Care Act. Flexibility in premium payment may be an option in some plans, but it is not a necessary feature of a good health insurance plan.

In Addition to Financing Medical Expenses, Lost Income, and Replacement