Which of these terms refers to a benefit that is provided without cost-sharing?

The term that refers to a benefit provided without cost-sharing is preventative services. These services are designed to prevent illnesses or health issues before they occur and are typically offered at no charge to the insured. This approach not only promotes better health outcomes but also encourages individuals to engage in regular check-ups and screenings, leading to early detection and treatment of potential health problems.

Preventative services may include vaccinations, annual physical exams, and screenings for various conditions like cancer or diabetes. The intention is to support overall wellness rather than treating conditions after they have developed, which aligns with public health initiatives and cost-saving measures in healthcare.

Mandatory benefits represent essential health benefits that must be included in insurance policies, but they may still involve cost-sharing. Coinsurance refers to the percentage of costs an insured person must pay after deductibles have been met, which is a form of cost-sharing, while the waiver of premium typically allows policyholders to stop paying premiums under certain conditions, rather than offering a benefit without cost. Therefore, preventative services is indeed the term that best fits the definition of a benefit provided without any cost-sharing.