A high-deductible health plan might be right for you if:
- You're healthy and rarely seek medical care for illness or injury.
- You can afford to pay your deductible upfront or within 30 days of receiving a bill for that amount if a surprise medical expense comes up.
Why would someone choose a high deductible plan?
How High Deductible Health Plans and Health Savings Accounts can reduce your costs. The amount you pay for covered health care services before your insurance plan starts to pay. With a $2,000 deductible, for example, you pay the first $2,000 of covered services yourself.
Who are high deductible plans best for?
The cons of high-deductible health plans\n\n Since HDHPs generally only cover preventive care, an accident or emergency could result in very high out-of-pocket costs. For example, if you are diagnosed with a medical condition that requires expensive treatment, you'll be on the hook for the cost of that care.