Qualified High-Deductible Health Plan is a health plan with lower premiums that covers health-care expenses only after the insured has paid each year a large amount out of pocket or from another source. To qualify as a health plan coupled with a Health Savings Account, the Internal Revenue Code requires the deductible to be at least the amount that is fixed by the provisions.
High-deductible plans are also known as catastrophic plans.
High-deductible plans are also known as catastrophic plans.