What type of insurance plan typically has high deductibles and lower monthly premiums?

Consumer-driven health plans are designed to give individuals more control over their healthcare spending. These plans generally feature higher deductibles and lower monthly premiums, making them attractive for those who want to lower their immediate healthcare costs while being able to manage how they use their healthcare dollars. The idea behind consumer-driven health plans is to encourage more thoughtful decision-making regarding healthcare expenditures, as individuals are aware of the costs associated with their care, motivating them to shop around and seek value in their healthcare choices.

The structure of these plans often includes Health Savings Accounts (HSAs) or Health Reimbursement Arrangements (HRAs), which allow individuals to save money tax-free for qualified medical expenses. This framework enhances patients' engagement with their healthcare needs and spending, which aligns with the principles underlying consumer-driven health care systems.

In contrast, the other types of insurance plans either do not emphasize consumer control to the same extent or are structured differently, which is why they do not fit the described characteristics as well as consumer-driven health plans do.