Question

Is High-deductible health plans and saving options a gatekeeper or open-acess?

How is High-deductible health plans and savings options financed or paid for?

Answer 1

Ans) HDHPs are the only plans that allow an enrollee to contribute to a health savings account (HSA). High-deductible insurance is considered a type of consumer-driven health plan, so you may hear the term CDHP used in conjunction with these plans.

- A high deductible plan (HDHP) can be combined with a health savings account (HSA), allowing you to pay for certain medical expenses with money free from federal taxes. For 2019, the IRS defines a high deductible health plan as any plan with a deductible of at least $1,350 for an individual or $2,700 for a family.

- An HDHP is a health insurance plan with a deductible of at least $1,350 if you have an individual plan – or a deductible of at least $2,700 if you have a family plan. The deductible is the amount you'll pay out of pocket for medical expenses before your insurance pays anything.