CLARION, Pa. (EYT) — Michael Patton, of Patton Financial Advising, submitted the following article: Is a High-Deductible Health Plan Right for You?

(Photo by Dave Cyphert of ProPoint Media Photography)

In 2020, 31% of U.S. workers with employer-sponsored health insurance had a high-deductible health plan (HDHP), up from 24% in 2015.(1) These plans are also available outside the workplace through private insurers and the Health Insurance Marketplace.

Although HDHP participation has grown rapidly, the most common plan — covering almost half of U.S. workers — is a traditional preferred provider organization (PPO).(2) If you are thinking about enrolling in an HDHP or already enrolled in one, here are some factors to consider when comparing an HDHP to a PPO.

Read the full article here: https://www.pattonadvising.com/Is-a-High-Deductible-Health-Plan-Right-for-You.c9798.htm

Patton Financial Advising
51 N. 4th Avenue
Clarion, PA 16214
814-226-9400

Toll-free 1-877-547-2751

Visit website: www.pattonadvising.com

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