The article looks at a Tennessee family with kids that opted for direct primary care instead of a
high-deductible health plan. Their monthly fee of about $150 covers basic checkups, same-day or next-day appointments, and the ability to get medications and lab tests at or close to wholesale prices.
Also, insurance companies offer many different plans, and doctors that are in an insurer's preferred provider organization may not be in its
high-deductible health plan network.
With the company's
high-deductible health plan, in addition to the employer's share of premium, the company deposits $ 1,000 for an individual and $2,000 for a family into a Health Savings Account (HSA) to assist in covering the deductible.
In order to have access to an HSA, you generally must be covered under a
high-deductible health plan, or HDHP, and have no other form of health coverage.
Some employers offer plans that combine a pretax savings account with a
high-deductible health plan (HDHP) to establish a health savings account (HSA).
A
high-deductible health plan eligible for use with a medical savings account will have to have an individual deductible from $2,250 to $3,350 and an annual out-of-pocket maximum of $4,500 or less.
HSAs require three things: A
high-deductible health plan (HDHP), a bank/ custodian account and an administrator.
Thus, for the purpose of the literature review, we defined a CDHP as a
high-deductible health plan that either is accompanied by an HRA or is eligible for an HSA.
Anyone else enrolled in plans with those deductibles were in the
high-deductible health plan group: 11% of participants.
A
high-deductible health plan linked with health savings accounts reduced health spending initially and over a four-year period, according to new research from the Employee Benefit Research Institute.
The global technology company was able to contain health care costs in part because it had implemented an optional
high-deductible health plan, in which employees spent an average of 35 percent less than those enrolled in the traditional plans offered by Intel.
An HSA can only be established for the benefit of an eligible individual who is covered under a
high-deductible health plan (HDHP).