High Deductible Health Plan (HDHP) Law and Legal Definition
A high deductible health plan (HDHP) is a health insurance plan with lower premiums and a very high annual deductible. It covers medical expenses above the normal parameters of basic health insurance than a traditional health plan. HDHP is always used in the context of health savings accounts (HSA). An HDHP requires an insurance holder to pay the first portion of a medical expense before an insurance company starts to pay medical expenses. The premiums under HDHP are lower than the premiums for traditional fee-for-service, participating provider organization (PPO), and health maintenance organization (HMO) plan. It is a form of catastrophic coverage, hence it is also called as catastrophic health insurance.
Legal Definition list
- High Deductible Health Plan (HDHP)
- High crimes and misdemeanors
- High Crime
- High Concentration of Low-Income Students [Education]
- Hidden Tax
- High Exposure Level
- High Intensity Drug Trafficking Areas Program
- High Migration Rural County [Tax]
- High Potential Historic Sites
- High Potential Route Segments
- High Poverty Area [Education]
