high deductible health plan
- high deductible health plan
-
n.
A health insurance plan that attempts to reduce costs by imposing a high deductible on medical expenses, on the reasoning that if consumers must pay for most medical care themselves they will avoid unnecessary care and shop for the lowest prices when they do seek treatment.
abbrv.
hdhp
See also health savings account
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc.
Amy Hackney Blackwell.
2008.
Look at other dictionaries:
High Deductible Health Plan — A High Deductible Health Plan (HDHP) is a health insurance plan with lower premiums and higher deductibles than a traditional health plan.As Related to Health Savings AccountsParticipating in a qualified HDHP is a requirement for Health Savings… … Wikipedia
High-Deductible Health Plan - HDHP — A health insurance plan that has a high minimum deductible, which does not cover the initial costs or all of the costs of medical expenses. The deductible forces the insurance holder to pay the first portion of a medical expense before the… … Investment dictionary
consumer-driven health plan — n. A health plan that is meant to give consumers a higher degree of control over their own health care, typically by allowing consumers to save money and use it to pay for medical care as they choose. See also health savings account, high… … Law dictionary
Oregon Health Plan — Health care in the United States Public health care Federal Employees Health Benefits Program Indian Health Service Medicaid Medicare Military Health System / TRICARE State Children s Health Insurance Program (SCHIP) Veterans Health… … Wikipedia
health savings account — n. A savings account available to people who participate in a high deductible health plan that allows them to save pretax earnings to pay for qualified medical expenses and carry over their savings from year to year. abbrv. HSA The Essential Law… … Law dictionary
Health savings account — A Health Savings Account (HSA) is a tax advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal… … Wikipedia
Health care reform debate in the United States — See also: Health care reform in the United States, Health care in the United States, and Uninsured in the United States Health care in the United States Public health care Federal Employees Health Benefits Program Indian Health Service… … Wikipedia
Health Savings Account - HSA — An account created for individuals who are covered under high deductible health plans (HDHPs) to save for medical expenses that HDHPs do not cover. Contributions are made into the account by the individual or the individual s employer and are… … Investment dictionary
Consumer-driven health care — Health care in the United States Public health care Federal Employees Health Benefits Program Indian Health Service Medicaid Medicare Military Health System / TRICARE State Children s Health Insurance Program (SCHIP) Veterans Health… … Wikipedia
Health insurance in the United States — The term health insurance is commonly used in the United States to describe any program that helps pay for medical expenses, whether through privately purchased insurance, social insurance or a non insurance social welfare program funded by the… … Wikipedia