High Deductible Health Plan

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A High Deductible Health Plan (HDHP) is a health insurance plan with lower premiums and higher deductibles than a traditional health plan. It is sometimes referred to as a catastrophic health insurance plan.

[edit] As Related to Health Savings Accounts

Participating in a "qualified" HDHP is a requirement for Health Savings Accounts and other tax advantaged programs. In this context, HDHPs are plans with a minimum deductible of $1,100 for Self and $2,200 for Self and Family coverage. The maximum amount out-of-pocket limits for HDHPs is $5,600 for self and $11,200 for Self and Family enrollment. These are the 2008 amounts and are adjusted for inflation annually.

Year	Minimum Deductible (Single)	Minimum Deductible (Family)	Maximum Out of Pocket (Single)	Maximum Out of Pocket (Family)
2005	$1,000	$2,000	$5,100	$10,200
2006	$1,050	$2,100	$5,250	$10,500
2007	$1,100	$2,200	$5,500	$11,000
2008	$1,100	$2,200	$5,600	$11,200

[edit] External links

• http://www.irs.gov/pub/irs-pdf/p969.pdf
• http://www.ustreas.gov/offices/public-affairs/hsa/07IndexedAmounts.shtml
• Davis, Karen; Michelle Doty and Alice Ho (2005-04-20). How High Is Too High? Implications of High-Deductible Health Plans (HTML). The Commonwealth Fund. Retrieved on 2007-10-08.