Which statement describes an HDHP?

• A. It Excludes Preventive Care
• B. It Has A Lower Deductible Than Traditional Plans
• C. It Provides Coverage For Medical Expenses With A High Deductible And A Health Savings Account
• D. It Cannot Be Paired With a Savings Account

Answer: (C)

High-deductible health plans are designed to keep monthly premiums lower while requiring you to pay more out of pocket before coverage begins. The key pairing is with a Health Savings Account, which lets you contribute pre-tax dollars to pay for medical expenses, with funds that can roll over year to year and stay with you if you change jobs or plans. An HDHP also typically covers preventive care without needing to meet the deductible, in line with ACA rules, so you’re not charged for those services at the time you receive them. So the statement that best describes an HDHP is that it provides coverage for medical expenses with a high deductible and is paired with a Health Savings Account. The other descriptions—exclusion of preventive care, a lower deductible than traditional plans, or an inability to pair with a savings account—do not align with how HDHPs are structured.