More than 4 in 10 Americans say they prefer high-deductible health plans so they can pay lower monthly premiums, according to a new Bankrate.com report.

Bankrate asked about 1,000 adults their opinions on health insurance preferences and how they feel about shopping for coverage.

Millennials and Americans with household incomes of $30,000-$49,999 are the most likely to prefer a high premium/low-deductible plan, while higher income Americans ($50,000 and up) and those ages 30-64 years-old are more likely to prefer a low premium/high-deductible plan, Bankrate found.

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