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What is an HDHP?

WEX Inc.

HDHPs have limits for allowable deductible amounts and out-of-pocket costs. This can make HDHPs a great option for saving on monthly payments. Health savings accounts Another great perk of HDHPs is they can be paired with health savings accounts (HSAs).

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Smallest Firms See Largest Health Insurance Hikes

InterWest Insurance Services

While high-deductible health plan (HDHP) enrollment grew at an astounding 68% between 2021 and 2022, they only accounted for 6% of group health plan enrollment. Deductibles can be added to the plan to manage premium costs. Coverage can often be configured to be compatible with HDHPs using health savings accounts.

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FSA eligible expenses — what purchases count?

Business Management Daily

Limited Purpose FSA: An FSA that covers out-of-pocket costs for dental and vision care, but not standard medical care. These are generally offered in conjunction with a health savings account (HSA) that will set aside money separately for medical expenses. What Expenses Are Covered By an FSA?

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8 Ways Employers and Employees Can Save On Prescription Medications

Griffin Benefits

While these higher deductibles are offset by cheaper monthly medical premiums and often by employer contributions to Health Savings Accounts (HSA), HDHP plans are nevertheless structured in such a way as to promote heightened "healthcare consumerism.". In addition, those with family coverage are responsible for at least $2,800.

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Health Expenses a Major Source of Mental Health Issues for U.S. Workers

InterWest Insurance Services

Mental health issues have come to the fore during the COVID-19 pandemic, spurring employers to expect their group health plans to do more for their workers in this area. The report states that the findings raise concerns about whether some employees can even afford to use their health plans.

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ACA Repeal & Replace - New House Bill Details

AssuredPartners

The good news for many of our clients is that the Congress has listened to you and us as your brokers, consultants, agents and administrators. HSAs (Health Savings Accounts) will be expanded. This fund could be used to lower out-of-pocket costs, or to promote access to preventive care, etc.