High Deductible Health Plan HDHP

The definition of High Deductible Health Plan HDHP, and how it fits into the Zenefits Health Insurance Marketplace

What is a High-deductible Health Plan?

A high-deductible health plan (HDHP) is a medical insurance plan with a high deductible (over the government defined limit). HDHPs may be compatible with a health savings account (HSA).

 

How does a High-deductible Health Plan work?

Most commonly a type of PPO plan that has a high deductible (over the government defined limit). Enrollees will have a large deductible amount they will need to pay out of pocket before the regular insurance coverage kicks in (with exceptions like preventive care, etc.). Learn more about copays for HDHPs. HDHPs may be HSA-compatible, allowing enrollees in the plan to also use an HSA to pay for many health-related expenses with pre-tax dollars. Consumer Driven Health Plans (CDHPs) are very similar to HDHP plans and are also compatible with HSAs, HRAs, and FSAs.