A high-deductible health plan (HDHP) is a health insurance plan that can save you money with lower premiums and a tax break on health savings accounts.
"High-deductible health plans are designed for wealthy people and sold to poor people," said Steve Miller, Express Scripts' chief medical officer.
Most wage earners use the standard deduction, but those with very high deductible expenses can choose to itemize if that results in a smaller tax bill. The Internal Revenue Service (IRS)...
A high-deductible health plan (HDHP) is any health plan that offers lower monthly premiums and a higher-deductible. Learn the pros and cons to decide if it’s right for you.
By Paul Levy · You can understand this. After all, if companies are not able to increase the price of goods and services they sell to the public, they need to hold factor costs relatively constant. So if it was costing them more and more to provide health insurance to their workers, an offsetting amount would have to be removed from possible wage increases. This dynamic is still in place, but it is showing up in a different way, by shifting costs to workers in the form of higher deductible hea...
A high-deductible health plan is health insurance with a high minimum deductible for medical expenses that must be paid before insurance coverage kicks in.
In the United States, a high-deductible health plan ( HDHP ) is a health insurance plan with lower premiums and higher deductibles than a traditional health plan. It is intended to incentivize consumer-driven healthcare. Being covered by an HDHP is also a requirement for having a health sa...
As the share of workers enrolled in a high deductible health plan increases, average out-of-pocket costs rise and insurance premiums can grow more slowly.
Have a high-deductible health plan (HDHP)? Or heard about one, and wondering how it works? Aetna is here to help answer your questions so you can understand what an HDHP is.
A high-deductible health plan (HDHP) may help you save you money on healthcare expenses Learn how HDHPs work.