Principal High Deductible Health Plans (HDHPs)
A qualified High Deductible Health Plan (HDHP) from Principal Life delivers security and peace of mind at an affordable price. This form of group medical coverage offers benefit designs that may cap out-of-pocket expenses at lower levels than in the past by eliminating copays. The lower cost of an HDHP could increase your take-home pay and allow you to save some of the money you once spent on medical coverage.
HDHPs can be combined with a Health Savings Account (HSA) - a tax-advantaged account through which you can invest and withdraw money to use for some medical care.
With a Principal Life HDHP, you enjoy:
- Protection from catastrophic health care bills
- Standard adult wellness and well-child benefits
- Freedom of choice to select providers and facilities, make decisions, and determine the best use of health care dollars
- Outstanding customer service
- Services and support designed to help improve health, make the most of health care benefits, and smoothly navigate the health care system
- Prescription drug coverage
Why preventive care is important
We focus on delivering preventive care benefits* (PDF 145kb), services and information that will help you improve and maintain good health. These benefits include:
- Adult wellness benefit - that encourage you to take advantage of preventive care that promotes a healthy, fulfilling life, such as annual checkups and certain screenings.
- Well child benefit - The health of your children is one of the most valuable possessions you have. The Well Child Benefit makes it cost effective to provide the preventive care your children need, including most immunizations.
For more information
- Contact your employer or human resources representative
- Call the 1-800 number on your insurance or member ID card
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* If your company has offered a Principal Health Savings Account prior to 2005, this flier may not reflect your specific preventive care benefits. Please check with your employer or human resources representative to determine your preventive care benefits.
