What does HDHP mean? Read on to discover the definition & meaning of the term HDHP - to help you better understand the language used in insurance policies.
A high deductible health insurance plan (HDHP) is a health insurance plan with a lower premium and a higher deductible than a more traditional health insurance plan like an HMO or a PPO. Some HDHP plans also come with additional wellness benefits, which are provided before the deductible is paid.
We hope the you have a better understanding of the meaning of HDHP.