Health insurance is something most travelers think about, especially when planning trips to foreign destinations where medical care might be expensive or less accessible. For many people, a high-deductible health plan (HDHP) seems like an attractive option due to its lower premiums. However, this type of plan comes with a significant trade-off: higher out-of-pocket costs.

This can be a considerable burden for travelers who encounter medical emergencies abroad. It’s important to understand the pros and cons of an HDHP, especially for frequent travelers. Although the lower monthly costs might be appealing, the potential for high medical bills can outweigh the savings if something unexpected occurs. When preparing for a trip, it’s crucial to weigh these factors and decide whether an HDHP aligns with your travel needs and financial situation.

‍