High Deductible Health Plans (HDHP) Traditional Health Plans vs.

There is a lot you need to consider when deciding which health plan is best for you. Network Health offers a variety of health insurance plans from which to choose. Often, the decision is between an HDHP and a traditional plan.

Generally speaking, HDHPs have low premiums but high deductibles. On the other hand, traditional health plans have higher premiums but lower deductibles. Deciding which plan is best for you comes down to your needs and budget.

Traditional health plans have lower deductibles, so they make a good option if you and/or members of your family go to the doctor often. It might also make sense if you expect major medical costs in the future, such as having a baby.

High Deductible Health Plan

• May not have copayments; which means you could pay the full cost until your deductible is met

• Higher deductible

• Lower premiums

• Often combines with a health savings account (HSA)

HDHPs have a high deductible that must be met before the plan starts paying its share. However, with its lower premiums, if you are healthy and do not go to the doctor often, an HDHP may save you money in the long run.

The above are general examples and may not be true in every case. However, when you are comparing these two types of plans, it is a good general place to start.

Regardless of what plan you choose, Network Health’s Member Experience Team will provide the same great customer service for which we’re known. We’ll help you make the most of your coverage.

Traditional Health Plan

• Has copayments until you meet your deductible; then you may pay coinsurance

• Lower deductible

• Higher premiums

• Health Savings Account (HSA) may not be as important

Members Patrick and Jessica Vander Zanden, and their daughters Kiki, Josie and Reagan