Thinking Both Healthy and Wealthy

Consumer-directed health plans (CDHPs) usually come in one of two forms: Health Savings Accounts (HSAs) or Health Reimbursement Arrangements (HRAs). Either way, they generally begin with high-deductible health insurance.

Because coverage won't kick in until the insured individual or family has experienced a considerable amount of out-of-pocket costs, patients may spend sparingly because their own dollars are at stake.

For someone who is very health conscious, such plans can make perfect sense!

NOTE: Both HRAs and HSAs are offered by employers, but HSAs can also be chosen by someone buying individual or family health insurance.

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