Which statement is true about health plan summaries?

The correct statement highlights that health plan summaries outline essential features, including coverage and costs for the policyholder. These summaries serve as a crucial tool for consumers, providing them with a clear understanding of what their health insurance plan covers, the costs associated with it, and various other critical components like deductibles, copayments, and out-of-pocket maximums. This transparency is designed to help policyholders make informed decisions about their healthcare options and costs.

While other options may touch on related aspects of health plan summaries, they do not accurately capture their primary purpose and function. The summaries are not limited to high-risk insurance policies; they are applicable across a variety of plans. Additionally, while compliance is an important aspect of creating these summaries, it is not the primary aim. Lastly, it is essential for summaries to include information about exclusions to ensure that policyholders are fully aware of any limitations or conditions under which coverage may not apply.