A high-deductible health plan, or HDHP, is one health care coverage option you’re faced with when shopping for medical insurance. But how do you decide if it’s the right option for you and your needs? A licensed insurance agent with HealthMarkets Insurance Agency can help answer this question and any others you may have. We offer personalized service to our customers in person or over the phone, as well as a convenient, user-friendly online shopping experience.
What is an HDHP?
A high-deductible health plan generally features a low premium, high deductible, and no copayments; furthermore, any covered medical expenses you accrue are credited toward the deductible until it is met. Oftentimes, an HDHP can be combined with an HSA, making the annual cost more reasonable because premiums tend to be lower, the cost of prescription medication counts toward the deductible, and the out-of-pocket maximum includes the deductible. HDHPs can offer preventive care benefits without being subject to the deductible Preventive care measures can include the following:
- Health evaluations--tests and diagnostic procedures, routine examinations, and annual physicals
- Screening services--cancer, heart, mental health, pediatric, and vision
- Routine prenatal and well-child visits
- Child and adult immunizations
- Tobacco cessation programs
- Obesity and weight-loss programs
If you’re considering an HDHP, the knowledge of a licensed agent can be an invaluable resource. At HealthMarkets Insurance Agency, our vision is to make insurance shopping easy, so you can focus on the important things in life. We have helped Americans enroll in 1.4 million insurance policies since 2010, and we can help you, too. Give one of our agents a call today for more helpful information.