A deductible health plan features a lower insurance premium and a higher deductible than those of traditional plans.
With an HDHP you pay only for the services you need and still get full coverage for preventive care.
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All WHA plans include the "Ten Essential Health Benefits". These benefits are considered preventive care, so the deductible does not apply to them. Because preventing illness and disease will save you money, be sure to go for preventive screenings and annual checkups. The advice you get from your provider at these visits could lead to a healthier lifestyle, which can avoid costly treatments.
Find out the cost of a service or procedure in advance can help you better plan your healthcare expenses. Also, ask your health care providers if they will negotiate fees, accept payments in installments, or prescribe less expensive medications or treatments. You should keep a records and copy of your healthcare receipts to keep track of your healthcare expenses, so that you know when you have met your deductible.
The premium and the deductible are separate. Your insurance premium is paid to your insurance carrier and these payments do not count toward your deductible. Your deductible is the amount of money you must pay your provider for services before your insurance company starts paying. It works somewhat like the deductible on your car insurance – you pay the costs until you reach your deductible amount, and then insurance pays the rest