If your company offers you a high-deductible health plan (HDHP), also known as a Health Savings Account (HSA) eligible plan, as an option, it's a good idea to become familiar with how it works. The first question people often have is how it differs from a traditional health plan. ...
A high-deductible health plan (HDHP) could be a good alternative. HDHPs may offer lower premiums than some plans—but they also have unique considerations. Here's how they work, plus how you could maximize your savings by pairing this insurance plan with a health savings account (HSA). ...
HDHPs are a great way for employers to save money on premiums while providing a safety net to employees. However, employees won’t really see the value in them unless they have a medical emergency. Adding an HSA is a great way to provide additional help should such an emergency occur, bu...
The article reports on the growth of high-deductible health insurance plans linked to health savings accounts (HSAs) in the U.S. According to an America's Health Insurance Plans (AHIP) census, 6.1 million people...
The rise in high-deductible health plans due to the ACA’s lack of cost-sharing restrictions in some areas may be leading to high maternity out-of-pocket spending, researchers havediscovered. TheHealth Affairsstudy looked at the fully adjudicated and paid claims of nearly 660,0...
High-deductible health plans and HSAs Enrolling in an HDHP might make you eligible for an HSA. An HSA is a tax-advantaged account that lets you set aside pre-tax money to use toward eligible medical expenses. But not all HDHPs are HSA-qualified. ...
The IRS has issued Notice 2019-45, which increases the scope of preventive care that can be covered by a high deductible health plan (“HDHP”) without eliminating the covered person’s ability to maintain a health savings account (“HSA”).
A new study from American Cancer Society investigators finds cancer survivors in high-deductible health plans were more likely to report delaying or foregoing care. The study appears in the Journal of Oncology Practice. The lead author of the study is Zh
How Do I Know If I Have a High-Deductible Health Plan? If you have access to a health savings account (HSA), then you have a high-deductible health plan. This type of insurance has a lower premium and a higher deductible than a traditional health plan. Having an HDHP is one of the...
but kick in after you reach a low deductible. Others come with higher deductibles which are offset by lower monthly premiums. These high-deductible health plans are suited for those who are healthy. can afford to pay more out-of