How can I tell whether a high deductible health plan is right for me and my family?
I got a new job and I am now deciding on our health insurance. Who are the HDHP designed for? I am married with one child. I plan to have another child in the next year or two. I will carry only the children and not my husband since is it cheaper for me to carry them than it is for him. We have no chronic illness in our family.
Asked By: Elle W - 3/16/2012
Best Answer - Chosen by Asker
An HDHP is designed mainly for those who want the tax benefits of contributing to an HSA. You do not need an HSA to have an HDHP, but qualifying for an HSA is the usual reason for selecting an HDHP... More
Answered By: StephenWeinstein - 3/16/2012
Additional Answers (4)
Only get a high deductible plan if you have the deductible amount in savings... More
Answered By: Go with the flow - 3/16/2012
Run the numbers... More
Answered By: mbrcatz - 3/16/2012
I know that HDHP plans are all the rage now but I honestly think that for you and your family that a copay plan would be best. With a HDHP Hsa plan, you put money in a savings account and sometimes your employer contributes as well. You use that money to pay health expenses. As an example, if your calendar year... More
Answered By: Shaun M - 3/16/2012
a) Best option....ask our financial advisor and/or insurance broker... More
Answered By: Insurance Pickle.com - 3/17/2012
Local Jobs Are Paying $19-$96/Hour-Get Hired Today. Apply Now!
(89) Local Jobs Paying $18-$96 Per Hour- Available Now. Apply Today!
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Work At Home Jobs Make $87/HR, Jobs Seen On TV. Jobs Hiring Now
Other Career Questions
Do most mechanical engineering jobs offer job security?
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.