One of the requirements for BasicMed is:
Comply with the general BasicMed requirements (possess a U.S. driver's license, have held a medical after July 14, 2006).
I received a 1st class medical certificate in May of 2005. I was under the age of 40, so it would have been valid for 12 months, expiring in May 2006 (i.e., just before the BasicMed cutoff).
That said, it would have still been valid for an additional 24 calendar months (i.e., until May 2008, well into the BasicMed era) as a 3rd class medical. Am I correct in my understanding that this qualifies me for BasicMed?