By: Andrew D. Tucker, JD, CPA, CFP®
Given the rapid changes in health insurance, many doctors are apprehensive about the impact moving to a new plan will have on their family’s health care costs. The term “high deductible health plan” (HDHP) invokes fears of uncertainty and uncontrollable expenses for many doctors. However, the reality is that most doctors will actually save money by switching to an HDHP, as explained below.
What Distinguishes HDHPs?
Maintaining coverage under an HDHP is the main requirement to…
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