What advantage do Consumer Directed Health Plans (CDHPs) offer in terms of coverage?

Consumer Directed Health Plans (CDHPs) are designed to empower consumers by providing them with more control over their healthcare decisions and finances. One significant advantage they offer is the access to additional coverage options that are not typically found in standard health insurance plans.

This flexibility allows consumers to tailor their healthcare coverage according to their specific needs, which can include options such as Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs). These features enable individuals to save pre-tax dollars for medical expenses, effectively broadening their access to various services and treatments that may not be covered under traditional plans. Therefore, individuals have more choices in how they utilize their healthcare benefits, aligning coverage more closely with their personal health requirements and financial situations.

This approach contrasts with options that restrict access or limit choices. CDHPs aim to promote consumer engagement and responsibility in health spending, thereby incentivizing individuals to make more informed decisions regarding their healthcare usage.