The average American spends roughly $11,000 a year on medical costs. The best way to reduce the amount of out of pocket medical costs you have is by getting a health insurance policy. Some people think that having health insurance means that they are completely absolved from out of pocket costs. In reality, you will still have copays, premiums, and prescription costs.
However, there are a number of things you can do to lower the amount of money you have to spend on medical costs. While you will have to work hard to find these discounts and use them, it will be worth the effort. Here are some of the things you can do to lower your medical costs.
The Right Insurance Plan Helps
If you are new to the world of major medical insurance, you may be surprised to learn just how many different policies there are on the existing market. This is why you need to do your homework before deciding which policy is the best fit. When trying to narrow down your list of insurance policies, you need to consider factors like the size of the network and monthly premiums. Ideally, you want to choose a health insurance provider that has a large network of approved providers.
With an extensive network, you can avoid paying for out of network coverage. Simply settling for the policy with the lowest monthly minimum is a horrible idea. Finding the right mix of cost and comprehensive coverage is easy when using a website like HealthMarkets. With this website, you can view all of the plans at your disposal and dig deep into the details of each one. Having these details will allow you to make an informed decision regarding the policy you get.
Take Advantage of Free Preventative Care
Becoming familiar with various terms and programs your health insurance policy has is important. This is the only way you can use this policy to your full advantage. Most reputable insurance providers will provide policyholders with a number of free features. According to the Affordable Care Act, all health insurance policies have to provide things like wellness visits and cancer screenings for free.
The biggest mistake most people make is failing to use these free benefits. By going in for frequent wellness checks, you can discover health problems before they get too bad. Be sure to consult with a reputable insurance agent when trying to figure out what type of free preventative care your policy offers.
Be Smart With Your Prescriptions
As you start to look at the health insurance policies at your disposal, you will notice that all of them provide different prescription drug coverage. Before you decide which policy is the best fit, you need to make a list of the medicines you are currently taking. Making sure these medications are covered and affordable. In most cases, you can order your medications in bulk and get a better deal.
Many insurance policies provide significant discounts if you mail-order your medications. This is a great way to save money and get a three to six-month supply of your medicine.
Focus on Living a Healthy Life
Perhaps the best thing you can do to reduce medical costs is to focus on living healthier. Many Americans survive on a steady diet of fast food, which is horrible for your body. If you mix this unhealthy eating with a sedentary lifestyle, it can result in a lot of serious health problems developing. Instead of waiting until you have a serious health problem to take action, now is the time to get fit.
Joining a gym and eating higher-quality and healthier foods is a step in the right direction. While this new healthier lifestyle will take some getting used to, it is worth the discomfort you feel. Consulting with your primary care physician is a great way to figure out what type of diet and exercise plan works for your needs.
Let Professionals Help You Choose Health Insurance
If you are apprehensive about choosing a health insurance policy on your own, consulting with professionals is a good idea. These professionals should have no problem providing the guidance you are looking for.