High Deductible Health Plan (HDHP)

Business / Taxes / High Deductible Health Plan (HDHP): A high deductible health plan (HDHP) requires substantially higher than average out-of-pocket expenses before the insurance company will start paying for your medical expenses. However, the premiums for an HDHP are generally lower than the premiums for traditional fee-for-service, participating provider organization (PPO), or a health maintenance organization (HMO) plan. The HDHP may also pay a larger percentage of your expenses once you have satisfied the deductible. If you have an HDHP, you may be eligible for a health savings account (HSA), which allows you to make tax-free withdrawals to pay for medical care that?€™s not covered by your plan. Money you put in an HSA or that an employer contributes to your account and that you don?€™t spend for qualified expenses can be rolled over and used in later years.
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Other Words for Health

Health Verb Synonyms: condition, fitness, trim, fettle, form, constitution
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Other Words for High

High Noun Synonyms: anticyclone
High Adjective Synonyms: tall, lofty, elevated, towering
High Adverb Synonyms: intoxication, altered consciousness
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Other Words for Plan

Plan Noun Synonyms: design, layout, blueprint, scheme, method, procedure, system, arrangement, programme, project, formula, pattern, script, scenario
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Health Savings Accounts (HSA)

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Phantom Stock Plan

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