An HDHP is another popular type of insurance plan— they’re thesecond-most common kind of health insurance plan after PPOs. Any health insurance plan (including a PPO) is considered an HDHP if it has a high-enough deductible: $1,400 for an individual and $2,800 for a family in 2021...
Using the above scenarios, the total annual premium you will pay if you decide to go with an HDHP plan will be $1,800, whereas the total annual premium for your PPO plan will be $5,400. The overall annual deductible will be $3,000 for an HDHP plan, and the overall deductible for...
as this could be a very significant change for those with certain chronic health conditions who have had to often pay for these devices, medications, and services out-of-pocket until their annual out-of-pocket maximum was met. To qualify as a high deductible health plan, an HDHP generally ...