What is a High-Deductible Health Plan (HDHP)?
Higginbotham
SEPTEMBER 16, 2024
By opting for a higher deductible, employees can secure lower monthly premiums. Let’s say an employee enrolls in a high-deductible health plan providing self-only coverage with an annual deductible of $2,000. Employers, employees or both can contribute funds to an HSA in the same year.
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