A new report has found a decline in membership of high deductible health plans (HDHPs) in 2022, the first time since 2013 that that model had seen a decline in enrollment.
The report by ValuePenguin, part of LendingTree, an online lending marketplace, found that HDHP enrollment declined 2% in the U.S. between 2021 and 2022. In addition, HDHP enrollment fell in 32 states, with 13 states reporting HDHP enrollment numbers below 50% between the 2021 and 2022 plan year. Overall, the study said 54% of private sector workers in the U.S. were enrolled in HDHPs in 2022.
"HDHP enrollment soared over the past 10 years, but enrollment fell in 2022 for the first time since 2013," the report said. The analysis said that the change is a natural consequence of employers offering a wider array of health plans, giving employees more options in the health plan model they choose.
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