The Advantages of HDHPs
They promote consumerism, which in theory should lower medical costs systemwide.
Cost 30% – 50% less money than traditional medical insurance.
Favor the employee more than the insurance company covering the employee.
Cover “Safe Harbor” benefits in full from day one (What are Safe Harbor Benefits?
Allow for an employee to establish a Health Savings Account – an account for pre-tax money that can be spent on qualified medical expenses.
Make the most sense for healthy single individuals and families in good general health.
