A high deductible health plan (HDHP) is a type of health insurance, which has a higher annual deductible and a limit on out-of-pocket costs. HDHPs commonly associated with health accounts such as health savings accounts (HSAs) or health reimbursement (HRAs). 
5 things used to know about HDHPs
Here are five things about HDHPs know.
1) HDHPs have a higher annual deductible
The first thing is to know about HDHPs that they have a higher annual deductible than typical health insurance.
What is a deductible? The deductible is the amount you must pay for covered services before you begin to pay your health insurance.
2) HDHPs a lower premium tend to
Secondly HDHPs tend to have a lower premium to have costs because the consumers who pay in general for more out-of-pocket are, costs through a higher deductible.
health insurance premiums will keep the amount paid to you to the insurance company every month (or quarter) your coverage.
3) HDHPs
Third, can be paired with HSAs or HRAs, an advantage of HDHPs is that they (HSAs) can be coupled to the "Accounts" health care such as health savings accounts or health reimbursement of costs (HRAs).
to open, for example, an HSA, you must have an HDHP, the particular annual deductible and out-of-pocket costs met limits. These guidelines set each year (see 2015 HSA guidelines here). An HDHP and HSA can be offered by an employer. Or as an individual, you can get a HDHP directly and set up an HSA on your own.
With an HRA, an employer may offer an HDHP with an HRA paired. The HRA (in this case, an "Integrated HRA") will be established to replace employees for their deductible and / or out-of-pocket medical expenses.
4) HDHPs cover Preventive Care & Essential Health Benefits
Fourth, when you purchase an HDHP by your health insurance marketplace (or from the market place through a broker), know that HDHPs precautionary and essential health benefits cover.
This means that the core services as preventive care, hospitalization, maternity, prescription drugs and laboratory services are all covered under your HDHP
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5) HDHPs are becoming increasingly popular
Finally, as more consumers to balance look the cost of health care, and as more employers take consumer-oriented health care, HDHPs increases in popularity. HDHP plans of 4% of all employer-sponsored health insurance plans in 06 increased to 20% in 2013
What do you think, what you know about HDHPs? have a question? Leave a comment below.
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