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High Deductible Health Plan (HDHP)
Practical Law Glossary Item 6-505-2298
(Approx. 2 pages)
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Glossary
High Deductible Health Plan (HDHP)
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A health plan that includes a:
Higher
deductible
than a traditional health insurance plan.
Maximum annual deductible and limit on out-of-pocket expenses (that is,
copayments
and other amounts, but not premiums).
An individual must be covered by an HDHP as a condition of being eligible for a
health savings account
.
End of Document
Resource ID
6-505-2298
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Glossary
Jurisdiction
United States
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