Ayushman Bharat Pradhan Mantri Jan Aarogya Yojna (AB-PMJAY) provides accessible and affordable health care to the common man in the country. Which of the following is correct about the scheme?

1. AB-PMJAY provides a cover up to Rs. three lakhs per family per year, for secondary and tertiary care hospitalization across the public and private empaneled hospitals in the country.

2. It provides cashless and paperless access to services for the beneficiary at the point of service.

3. Pre-existing conditions are covered from day one.

4. Benefits of the scheme are not portable across the country.