HDHP

Health

Understanding High Deductible Health Plans

Advantages and Disadvantages of High Deductible Health Plans High deductible health plans (HDHPs) have become increasingly popular in recent years, particularly as a way for employers to reduce healthcare costs. While HDHPs can offer some benefits, such as lower premiums and tax advantages, they also come with potential downsides. Here are some advantages and disadvantages to consider when deciding whether…