Private schools save big with high deductible secrets

If you're looking to cut costs while maintaining top-notch education, private schools are increasingly turning to high deductible health plans as a strategic financial move—browse options to discover how these plans can revolutionize your school's budget.

Understanding High Deductible Health Plans

High deductible health plans (HDHPs) are gaining traction among private schools as a way to manage rising healthcare costs. These plans typically feature lower monthly premiums and higher deductibles, meaning schools pay less upfront while employees shoulder more of the initial healthcare expenses. The key advantage is the potential for substantial savings on premiums, which can be redirected towards other educational resources or programs.