What is a "family coverage" plan?

A "family coverage" plan refers to a health insurance arrangement that provides health benefits not only for the policyholder but also extends coverage to their family members. This typically includes spouses, children, and sometimes other relatives, ensuring that all covered individuals can access medical services and care under a single policy.

This type of plan is designed to offer comprehensive healthcare protection for the entire family unit, which can simplify management of medical expenses and ensure that all family members have access to necessary healthcare services. Additionally, family coverage tends to encourage preventive care and wellness activities, benefiting the overall health of the family.

The other options do not accurately describe what a family coverage plan entails. For instance, plans that only cover the policyholder or are limited to single individuals do not align with the family coverage concept, which explicitly includes additional family members under the same policy. Similarly, while life insurance benefits for dependents may be part of some policies, they do not define a health insurance plan aimed at providing comprehensive medical coverage for a family. Therefore, the most accurate definition of a "family coverage" plan is the one that recognizes the inclusion of the policyholder and their family members.