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COMMONWEALTH OF MASSACHUSETTS DEPARTMENT OF ENERGY RESOURCES (DOER) Mark Sylvia, CommissionerPONENE2014046PROGRAM OPPORTUNITY NOTICE MA Clean Vehicle Project Hybrid Technology Conversion for Medium
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HDPON stands for High-Deductible Health Plan Out-of-Pocket Maximum. It is the maximum amount of money an individual or family must pay for covered health care services in a year before the insurance company starts paying 100% of the costs.
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The purpose of HDPON is to help individuals understand and manage their healthcare costs, as well as ensure they do not exceed the out-of-pocket maximum set by their insurance plan.
Information that must be reported on HDPON includes all out-of-pocket expenses related to covered health care services, including deductibles, copayments, and coinsurance.
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