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HDHP |
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The IRS provided a temporary remedy to this problem in Notice 2004-43, (25) which provided a special exception to the high-deductible health plan (HDHP) requirement for individuals participating in plans that would be HDHPs, but for the fact that they comply with a state's first-dollar or low-deductible mandates in effect on Jan. In a 2005 survey conducted by the Employee Benefit Research Institute (EBRI) and The Commonwealth Fund, three out of five people enrolled in HDHPs said they had checked whether their health plan would cover their costs prior to receiving care, and about one-third checked the price of a doctor's visit or other health service. Generally, to qualify, the HDHP must have a deductible of at least $1,000 to be eligible for a companion health savings account. |
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