How to Reduce Health Care Costs In The US

If someone hears the word healthcare, the first word that comes to mind is expensive. From doctor’s visits, prescription drug, to copays and premiums, the amount you will spend on health care can be downright heavy. Fortunately, you can do something to alleviate the weight of burden caused by healthcare expenses. With a little detective work, shopping comparison, all your efforts will all be paid off with the savings you’ll earn later. How to reduce health care costs, especially if you are living in the US? Here are #ways:

Generics!

The branded prescription can be too expensive and are more expensive because of copays of health plans. And it will be more expensive because of copays of health plans.

When you are buying, don’t hesitate to ask for an alternative to the medicine that you need.

 

Discounts!

People who ask for discounts often get something! Don’t hesitate to seek ways how you can have discounts on services and even on drugs. Don’t be afraid to ask your doctor if they offer one, most loyal patients are given some cut or break especially if they are tight on budget.

Obey!

Listen to the instructions of your doctor. Your doctor knows what’s best for you. Not following his instructions might aggravate your condition which might require another medical attention, and of course medical bill.

Take Advantage!

If you are 65 years old or will turn soon, it is time to take advantage of Medicare. Medicare is a health coverage offered by the government to 65 years old or older. Having a Medicare is already a significant help in reducing the amount you need to pay for your total healthcare cost. It can pay up to 80% of your total bill. But if you want to take it further and cover the gaps of Medicare, which if you think about it can still be heavy; you can get a Medicare supplement plan. It works by taking care of those things that are left by Original Medicare.

In Medicare supplement plans, there are also ways to save on premiums. You just have to take note of the Medigap open enrollment period and compare prices offered by different companies. Plans are standardized, or the same regardless of where you’ll get it, so getting the expensive ones are not a practical decision as it will provide you the same benefit as with the cheaper offer.

If you are getting a health plan and you don’t frequently visit the hospital or your doctor, consider getting the high deductible plan. Do the math first before getting any additional coverage.

Shop around!

Shop around and survey which facilities, doctors, or pharmacies offer the best medical services/ products at cheaper price.

Health is wealth!

Of course, what a better way to keep healthcare cost away is no other than being healthy. Take a walk, eat healthily and improve your health literacy. Being on the healthier side of lifestyle provides a lot of benefits not just physically but also financially. Take care of your health as much as you would like to take care of your finances.

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