Federal rules on health savings accounts and medical savings accounts require that employees who have these accounts also participate in something called a ______.

Question

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Federal rules require that employees who have health savings accounts (HSAs) or medical savings accounts (MSAs) also have a high-deductible health plan (HDHP). An HDHP is a type of health insurance plan that has a higher deductible than traditional plans, but lower monthly premiums. By combining an HDHP with an HSA or MSA, individuals can save money on healthcare expenses and build tax-advantaged savings for future medical costs.

Federal Rules on Health Savings Accounts and Medical Savings Accounts