New Mexico Health Insurance
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Welcome to our special collection of educational writings and resources
to support your health insurance search. This site is updated daily. |
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About HighDeductible Health Plans
By Kurt Stammberger
So-called high deductible health plans" are a lot like conventional (PPO/HMO) insurance plans, but they typically have higher deductibles (over $1,000 per year). The idea is that even though the deductible is high, you save so much money from the lower monthly premium costs that the HDHP is a better deal in the long run, when used in conjunction with a tax-free Health Savings Account (HSA).
Last year, in order to setup an HSA, you needed to find a High-Deductible Health Plans that met the following qualifications:
1.A minimum deductible of $1,000 for self or $2000 for family coverage.
2. A maximum out-of-pocket limit of $5,100 for individual coverage, and $10,200 for fami...
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| Copyright 2012 |
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