Millions of Americans could benefit from expanded coverage of preventive services under health savings account-qualified high-deductible health plans, says new research from the University of Michigan Center for Value-Based Insurance Design and Harvard University Medical School.
Under current IRS regulations, HDHPs allow primary preventive services, as defined by the Affordable Care Act, to be available to beneficiaries at no cost and before the deductible. But there have always been concerns that when individuals face high deductibles, they will not purchase essential health benefits such as those wed like to see made available before the deductible, says Mark Fendrick, M.D., director of the University of Michigan Center for Value-Based Insurance Design. It is our strong belief that these expanded HDHPs will mitigate the concerns we have about cost-related non-adherence.
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