A high-deductible health plan is a major medical insurance plan that protects against catastrophic health-care costs and in most cases is paid for by the employer.

Question

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A high-deductible health plan is designed to be a catastrophic coverage plan that protects against major medical expenses, and it is commonly offered as an employee benefit with the employer paying for the plan or contributing to the employee's health savings account.

A High-Deductible Health Plan Is a Major Medical Insurance Plan