high-deductible health plan (HDHP)
Definition
Use this term in a sentence
“ A high-deductible health plan can spell doom for many people due to the huge prices they have to pay out of pocket to receive care. ”
“ I have having to pay so much just for a check-up at the doctor's office, but a high-deductible health plan in is the only insurance my job offers. ”
“ Fred wasn't happy about the out of pocket costs of his high-deductible health plan, but he did like the tax savings of the health savings account he paired it with. ”