What is a High Deductible Health Plan (HDHP)?
A High Deductible Health Plan is a type of health insurance plan. To be considered an HDHP, a plan must meet certain IRS guidelines for minimum deductibles and maximum out of pocket expenses.
To be eligible for a Health Savings Account, an individual must be covered by an HDHP. An HSA-qualified HDHP can have first dollar coverage (no deductible) for preventative care and higher out-of-pocket (co-pays and coinsurance) for non-network services.
Visit our HSA Guidelines page for more details about IRS limits on deductibles and out-of pocket maximums. These limits typically change each year.
If you have questions, contact us at 1-888-472-8697.
Visit our full FAQs page.