25 Ways To Save Money On Health Care
From moolanomy:
“I came home from work last night and my wife handed me the May issue of Parents magazine. She pointed out an articled called “25 Ways to Save Money on Health Care” by Teri Cettina. She thought I might like it, and she was right!
I am going to share the 25 ways here, but if you want the full detail you’ll have to check out the magazine — their web site is down so I can’t check to see if it’s available online or not. I’ll keep this brief, but there are a few that I will elaborate on.
1. Shop for the best health plan.
2. Consider a high deductible (HD) plan — I think HD works well for some people, especially in combination with a health savings account (HSA). However, I don’t think it’s a good fit for parents-to-be, new parents, and people who need a lot of medical attention.
3. Take advantage of perks offered by your health plan.
4. ring a list of covered prescription medications (”formulary”) to the doctor.
5. Be willing to ask your doctor about the cost and seek less expensive alternatives.
6. Stay up-to-date with routine and well-child checkups.
7. Stay in-network.
8. Slice your pills into two halves — Teri said that it might be possible to slice high-dose prescription pills to save money. Be sure to clear this with your doctor.
9. Look for special services — this is the same thing with #3?
10. Wear helmet and protective gears.
11. Opt for less expensive generic drugs.
12. Ask your doctor for drug samples.
13. Take advantage of tax-sheltered flexible spending account (FSA).
14. Split the cost between two plan years — I don’t think this works well for most situations, unless you are trying to take advantage of FSA.
15. Watch your hygiene. Wash your hands often….”
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