CDHP definition

CDHP has the same meaning as a Health Savings (HSA) qualified high-deductible health plan (HDHP). A CDHP has two main components, it is: (1) an IRS defined high-deductible health plan; and (2) a Health Savings Account through an IRS qualified trustee.
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CDHP means Consumer Driven Health Plan(s).
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Examples of CDHP in a sentence

  • The amount of money available for Gold CDHP can be credited at the employee’s discretion toward the premium costs for a tier of coverage in the Platinum or Gold (non-CDHP) VEHI plans.

  • Employees may elect coverage for themselves, their spouses, domestic partners and other qualified dependents from any of the four (4) tiers (e.g., single, two-person, parent/child[ren] and family) in any of the four (4) plans (e.g., Platinum, Gold, Gold CDHP or Silver CDHP) offered by VEHI.

  • The premium split for support staff will be status quo in the separate districts through December 31, 2021, but in no case shall exceed twenty (20%) percent of Gold CDHP or Silver CDHP plan for any tier of coverage.

  • For employees enrolled in the VEHI Silver CDHP, employers will pay medical and pharmacy OOP costs with first dollar contributions through an HRA or HSA, at the individual employee’s discretion, in the following amounts: For licensed teachers and administrators: $2100 for a single tier and $4200 for all other tiers; for support staff $2200 for a single tier and $4400 for all other tiers.

  • All new hires into the bargaining unit may only select CDHP as the medical option.

  • An employee who qualifies for health coverage may have the choice of accepting said plan or accepting a taxable cash benefit of twenty percent (20%) of the District premium share for the Gold CDHP family plan in lieu of coverage.

  • In the event that two teachers were married and enrolled in the Greenfield-Central CSC health insurance plan prior to November 2, 2010, Greenfield-Central CSC will pay for one of the following benefits: • Married Couple, no dependents – cost of two CDHP1 single plans, per couple, minus $1 for each teacher • Married Couple, with dependents – cost of one CDHP 1 family plan, per couple, minus $1 for each teacher.

  • The School District shall make available the group health plan described as CDHP without an HSA.

  • For the same time period, those employees and dependents enrolled in the CDHP medical plan will have a cost share of $25.

  • The amount of money available for Gold CDHP can be credited at the employee’s discretion toward the premium costs for a tier of coverage in the Platinum or Gold (non- CDHP) VEHI plans.