What is a high-deductible health plan (HDHP)?

A high-deductible health plan (HDHP) is a health insurance plan with lower premiums and higher deductibles than traditional health plans.

For 2023, an HDHP's deductible starts at $1,500 for an individual plan and $3,000 for a family plan. Out-of-pocket expenses such as in-network co-pays, deductibles, and coinsurance (but not premiums) can't exceed $7,500 or $15,000 for individual and family plans, respectively.

A consumer directed health plan (CDHP) is an HDHP with a tax-advantaged healthcare account such as a health savings account (HSA) or a flexible spending arrangement (FSA). You must have an HDHP to contribute to an HSA.