High Deductible Health Plan (HDHP)
Insurance Glossary
A health plan whose deductible meets or exceeds a minimum the IRS sets each year and whose out-of-pocket costs stay under a stated cap. It covers little beyond preventive care until the deductible is met, and being enrolled in one is what makes a person eligible to contribute to a health savings account. The qualifying thresholds are adjusted annually for inflation and a merely large deductible does not automatically qualify, so the plan documents state whether the plan is HSA eligible.
This content is for general informational purposes only and is not insurance, legal, or financial advice. Coverage, exclusions, eligibility, and pricing vary by insurer, by policy, and by state, and only the policy documents control what is covered. Always confirm the details of any coverage with a licensed insurance agent or the issuing carrier before you buy.
Related Articles
When a Health Claim Is Denied: Appeals and External Review
A denial is not the end of the process. Federal rules give you an internal appeal and an independent external review whose decision binds the insurer.
Read MoreThe Ten Essential Health Benefits and Free Preventive Care
Every marketplace plan covers the same ten benefit categories, and most plans cover a list of preventive services with no cost sharing at all. Here is what that includes.
Read MoreDeductible, Copay, Coinsurance and Out-of-Pocket Max
Health plans split costs four ways. Here is what each term means, the order the money moves in, and what actually counts toward your out-of-pocket maximum.
Read More