AHIP Practice Exam

High Deductible Health Plans (HDHPs) are designed to offer lower premiums in exchange for higher deductibles. An essential feature associated with these plans is that they are often paired with Health Savings Accounts (HSAs). HSAs allow individuals to save money tax-free for medical expenses, which is particularly beneficial when enrolled in an HDHP where out-of-pocket costs may be higher due to the deductible.

By using an HSA, individuals can accumulate funds specifically for healthcare, which encourages proactive care and spending awareness. The structure of HDHPs and HSAs works together to provide flexibility and savings opportunities for individuals planning for future healthcare needs. This connection makes the option of offering an HSA a crucial aspect of HDHPs, especially for those who wish to maximize their healthcare savings while controlling costs associated with their health coverage.

The other options do not accurately represent HDHPs. They do not guarantee coverage of all medical expenses without limits, are not restricted to families with children, and they do not inherently have the lowest maximum out-of-pocket costs compared to other plan types.