What is likely to happen if a health insurance policyholder has a high deductible plan?

A high deductible health insurance plan is designed so that individuals pay a lower premium compared to traditional plans. This is because the policyholder agrees to take on a higher financial risk in the form of a deductible that must be met before the insurance begins to cover costs. This structure appeals to those who are relatively healthy or do not expect to require frequent medical services, as they can take advantage of lower monthly costs.

When opting for such a plan, the individual will generally face out-of-pocket expenses until the deductible is met, but in exchange, they benefit from reduced premium payments. This can make healthcare more financially manageable for those who are aware of their healthcare needs and want to save on monthly expenses.