High-Deductible Health Plan (HDHP),
High-Deductible Health Plan (HDHP): What is the Meaning of High-Deductible Health Plan (HDHP)?
Definition of High-Deductible Health Plan (HDHP): High-deductible health insurance (HDHP) is health insurance with a minimal deduction for medical expenses. Deductions are part of a claim paid by insurance. After paying a portion of one's loss, the insured assumes the value of the other portion agreed in the contract. Generally, HDHP has a higher annual deduction than health insurance plans, and the minimum deduction varies from year to year. For 2019, 3 3,150 for individuals and 2 7,700 for families, and in 2020 it will increase to 4 1,400 and 8 2,800.
- A deductible health insurance plan (HDHP) helps reduce insurance premiums and is the only way to qualify for a tax-saving health account (HSA).
- In addition to serious medical emergencies, HDHP is best for healthy people who do not need health insurance.
- HDHP is also good for wealthy families and individuals who can deduct on their own and who want the benefits of HSA.
- HDHP is believed to be able to reduce overall health costs by raising awareness about medical costs.
Literal Meanings of High-Deductible Health Plan (HDHP)
Meanings of High:
To a large extent or in a certain amount.
(Long) for or in high notes.
Highlights, levels or numbers.
A famous moment of happiness or success.
High school (mainly used in nouns)
From a vertical surface
Larger than usual in number, size or intensity.
Excellent in rank, status or importance.
(Pitch or pitch) with frequency at the upper end of the audible range.
Excitement, especially from the effects of drugs or alcohol.
Strict and unpleasant odor, especially (from food) that starts to go bad.
The (letter) is relatively close to the roof of the mouth with the tongue.
Sentences of High
The statue is about five meters high
He was one of the pioneers of chemical technology in the 20th century
My voice rose with joy
Commodity prices are at extraordinary levels
Ups and downs in life
High mountain peak
Synonyms of High
sharp, premier, elevated, high-level, high-frequency, befuddled, hallucinating, beside oneself, in seventh heaven, rapturous, walking on air, on cloud seven, jubilant, smelly, record level, prohibitive, prime, ruling, euphoric, foremost, piercing, chief, stupefied, way up, lofty, high-pitched, soaring, carried away
Meanings of Deductible:
This is primarily a deduction from taxable income or payable tax.
(In the insurance policy) The policyholder has to pay before the insurance company pays the claim.
Sentences of Deductible
Taxable amount increases future taxable income, while deductible amount decreases future taxable income.
Don't forget about taxes as they are paid at the highest rate on all rental income minus the following deduction expenses.
The interest you pay on a mortgage is recognized as expenses less than the rental income.
Instead, the employer may see this amount as a regular deduction for business expenses.
When buying a home, pay close attention to your mortgage costs and interest rates.
The interest subsidy as of January 1, 2002 is an expense that can be deducted from the rental income of residential buildings.
In general, this method allows a 15% reduction in taxpayers' gross income from oil or gas production facilities each fiscal year.
"Whether you're looking for a job or moving to a new job, be careful not to incur any potential deduction costs," says Ruth.
But the company deducts because the income is calculated as employee compensation, deductible expenses.
Meanings of Health:
A state of being free from disease or injury.
The mental or physical condition of a person.
Used to express friendly feelings about co-workers before drinking.
Sentences of Health
Take this step by step and improve your health with a short walk led by trained volunteers.
I have heard that they are a health hazard for the local community at this time of year.
Your concerns include potential health risks to your child and damage to your property.
He believed that cleaning the first place was not a health hazard.
The second most important and most widespread threat to human health is Salmonella in pigs.
Synonyms of Health
physical fitness, good health, physical health, physical state, haleness, good shape, fitness, good trim, form, good kilter, physical shape, well-being, fine fettle, here's health, skol, good luck, your health, condition, healthiness, constitution
Meanings of Plan:
Detailed advice on what to do or get.
A program that facilitates the regular payment of contributions to a retirement fund, savings account, or insurance policy.
Any intention or decision about what to do.
A detailed map or diagram
Projection drawings or diagrams on a horizontal plane, especially images that show the floor plan of a building or the floor of a building.
A diagram showing how something is organized.
Make up your mind and plan ahead.
A project or plan (to create or create something)
It is used to suggest that even the most careful planning does not always guarantee success.
A systematic program of steps taken to achieve a goal.
Used to express acceptance of an offer.
The most reasonable course of action.
It happened as planned.
Sentences of Plan
This will allow residents to review the detailed plans for the proposal and talk to council staff about how they will be implemented.
Members will also request a detailed plan for other proposed measures for public consultation.
Lancashire County Council has offered to develop a detailed plan based on your proposal.
Although plans are made at the university level, not all proposed schools are open.
An additional cost is higher when applications should be heard as part of an implementation plan and project proposal.
There is great concern about how this happened and why there is no plan to achieve peace.
Talks are underway in both villages on whether the project can be implemented.
He said the only way to achieve the project is to identify areas where costs can be reduced, and to ensure care in areas of medical need.
According to a defense analyst here, when he was elected 10 months ago, he was implementing a pre-determined plan.
The review will determine if the project actually achieves its original goals.
The plan failed to win a narrow majority in Ankara's parliament on Saturday.
The city council said the policy was no longer in line with the plan to achieve it.
Synonyms of Plan
layout, be resolved, agenda, hope, design, scale drawing, scenario, intent, make a map of, think out, plans, project, formula, programme, want, formulate, object, work out, desire, method, goal, strategy, frame