High deductible health plans (HDHP) have lower premiums and higher deductibles than traditional health plans. Members covered by an HDHP typically also contribute to a Health Savings Account (HSA).
The following Sana plans are HDHP:
- Standard HD1
- Plus HD2
- HSA H1
- HSA H2
How an HDHP Works
Members pay all medical costs out of pocket until the deductible is reached. Once the deductible is met, the member is responsible for coinsurance or copay amounts until the out of pocket max is reached. At that point, the plan pays for 100% of covered expenses.
Health Savings Accounts
If you have an HDHP, you probably also have a health savings account (HSA) — an IRS regulated benefit that allows members with high deductible plans to contribute pre-taxed funds to help pay for certain medical expenses.
Choosing an HDHP
If you only see doctors occasionally, and you prefer to pay less per month on premiums while paying out of pocket for visits with a pre-tax HSA, then you may be interested in an HDHP.
If you visit a doctor regularly, have a major procedure coming up, take specialty medications, or tend to spend a lot of money on healthcare, you may not be interested in an HDHP.
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