X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
PIggy bank with coins Some employers have stopped referring to the plan as a “high-deductible health plan” or HDHP altogether, instead presenting it as the “HSA plan”–a savvy move that highlights the best parts of the plan. (Photo: Shutterstock)

For all the benefits of the high-deductible health plan (HDHP)—lower premiums, tax savings, more flexibility for patients, to name a few—it has developed a bad reputation among employees. The reason why could be right in the name: the phrase “high-deductible” isn’t exactly attractive for employees who are hearing about it for the first time—and studies suggest that employees have limited knowledge about what such plans entail.

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.