In last month's article, "How To Determine If Switching To A High Deductible Health Plan (HDHP) Is Right For You," we discussed how doctors can determine if switching to a High Deductible Health Plan (HDHP) that makes them eligible for tax-deductible health savings account (HSA) contributions, is the right move for them. In most cases, the tax savings from HSA contributions, as well as the reduction in premiums, will easily offset the increased out-of-pocket costs for doctors.
Even after making this decision, doctors are faced with a dizzying array of health insurance plan options. One of the most difficult decisions doctors face each year is, “Which plan will work best for my family?”
The first step is…
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