A high-deductible health plan (HDHP) is a type of insurance plan with a deductible higher than what’s typically found in traditional plans. Although the monthly premium for this type of plan is usually lower, you’re responsible for covering a larger portion of your healthcare costs before the insurance company begins contributing (this is also known as your deductible).
This plan can be paired with a health savings account (HSA), allowing you to use funds you’ve set aside in a tax-free HSA for specific medical expenses. This is why it’s often referred to as an HSA-eligible plan.