Is a high deductible health plan right for you?
A high deductible health plan (HDHP) is a plan that features higher deductibles than traditional insurance plans. High deductible health plans can be combined with a Health Savings Account (“HSA”) or a Health Reimbursement Account (“HRA”) to allow you to pay for qualified out-of-pocket medical expenses on a pre-tax basis. Read more.
What is Major Medical Insurance?
Until the Affordable Care Act, major medical insurance was also called catastrophic coverage, a term that has a very different and specific meaning today. Read more.
Frequently Asked Questions About Major Medical Health Insurance
Today, major medical health insurance is a term that has gone by the wayside. The type of insurance that you get to cover you in case of a major medical crisis is now simply called “catastrophic.” Read more.
How to Effectively Manage the Costs of High Deductible Health Plans
More and more people are moving to high deductible health plans (HDHP). The reason these plans are popular is that they tend to offer very low premium payments. Read more.
Major Medical Insurance and the Risk of Being Underinsured
If you're thinking of getting major medical insurance you should first understand the risks of being underinsured. Read more.