Consumer Directed Health Care |
| A concept that includes several types of health insurance plans. The consumer (insured) purchases a health plan with a high deductible that will cover the most expensive medical procedures. This is supplemented with a tax-free savings account (or a Health Savings Account/HSA) and managed and controlled by the consumer. The consumer has more control over medical-related expenses, although there are some limitations. |
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MortGage Glossary And Calculator |
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Financial Glossary |