High Deductible Health Plan (HDHP)

Health Insurance Glossary Topic.

A health insurance plan that has a lower monthly premium, but a higher deductible. Therefore, you pay more for health care costs before the insurance company starts to pay its share than compared to other plans with a lower deductible with higher monthly premiums. This type of plan can be combined with a Health Savings Account (HSA) to help pay for medical expenses out of a tax-free account.