10 Ways to Save On Healthcare Costs – Cure Keeping

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10 ways to save on healthcare costs:

Welcome to CURE KEEPING. Healthcare costs have risen dramatically in the past 10 years, and they’re expected to continue rising in the next decade. If you’re like most people, you don’t have the money to pay these costs without cutting back on other necessities in your life, such as food and housing.

To avoid paying more than you need to on healthcare, follow these 10 tips that will help you save on healthcare costs.

10 Ways to Save On Healthcare Costs
10 Ways to Save On Healthcare Costs

Here is the List of 10 ways to save on healthcare costs

  1. Consider preventive care
  2. Get physicals more often
  3. Use generic drugs instead of name brands
  4. Negotiate prescription drug prices with your doctor
  5. Avoid specialists when possible
  6. Compare prices for tests and procedures at multiple facilities
  7. Ask about discounts for cash payments up front
  8. Don’t trust a medical bill until you receive an explanation from the provider, and make sure you understand it.
  9. Check out free clinics and community health centers
  10. Consider going outside of your insurance company’s network if it means lower charges

Consider preventive care

A few simple measures can prevent potentially expensive problems. Taking care of yourself at an early age, for example, can help protect you from more serious health conditions as you age. Eat a healthy diet, get plenty of exercise and maintain a healthy weight to reduce your risk of developing heart disease or diabetes two costly diseases that many Americans grapple with.

If you’re already sick or are worried about getting sick in the future, preventive care can help you stay healthy at a low cost or no cost at all. Also important: Your financial health. Maintaining good credit and insurance is crucial for staying out of debt (and avoiding hefty medical bills) when an emergency arises. Read More…

2) Get physicals more often

Even if you’re feeling great, getting a physical once a year is never a bad idea. Doing so will ensure that you stay in good health, which can help prevent expensive issues down the road. Also, regular checkups are more effective at catching certain conditions like diabetes than irregular ones are.

And finally, consider using a walk-in clinic when you’re feeling under the weather; doing so is often much cheaper than going to an emergency room and costs can range from $40-$200 depending on your location.

Furthermore, when possible it may be more financially savvy to opt for generic drugs over brand names. Even small savings here can add up significantly over time. Healthcare costs are rising every year, but there are some steps we can take to keep our bills down. Here are 10 tips for saving money on healthcare. Read More…

3) Use generic drugs instead of name brands

Some people are hesitant to use generic drugs because they don’t feel like they’re as effective. But name brands are tested and approved by the FDA, whereas generics aren’t. So, logically, name-brand drugs should work better, right?

The truth is that there is very little difference between generics and name brands in terms of how well they work (yes, it’s true that some people claim to feel more effects from a generic than from a brand-name drug). In addition, generics can be much cheaper than their brand-name counterparts because they are sold at such large volumes—sometimes 90% less expensive than their branded competition.

If you’re worried about quality, ask your doctor if he or she has any qualms about prescribing you a generic version of your medication. If not, then go for it! Read More…

4) Negotiate prescription drug prices with your doctor

Did you know that many physicians have a price list from which they order prescription drugs? If you’re uninsured, your doctor will usually charge a lot more than what is on that list. It’s one of many areas where patients can negotiate.

Try asking for a 25% discount and see if your doctor agrees. Not all doctors will offer discounts, but it doesn’t hurt to ask and could help save you hundreds of dollars in future drug costs. Before going into any negotiation with your doctor, make sure you know exactly how much each drug would cost without insurance (your pharmacist or insurer should be able to tell you). You don’t want any surprises! Read More…

10 Ways to Save On Healthcare Costs
10 Ways to Save On Healthcare Costs

5) Avoid specialists when possible

There are some cases where you really need a specialist, and that’s fine. In other cases, though, you might want to think twice before using one. Consider that a family physician can do everything a cardiologist or orthopedist does for about $400 less each year.

No specialists will be able to tell you everything your doctor can—and many of them may be ordering tests (like X-rays) that are unnecessary anyway. A good rule of thumb is always to ask if there’s another doctor who could give you care at an equal level for less money.

If so, go with that person instead. Also, avoid procedures whenever possible. For example, laparoscopic surgery for gallstones is more expensive than a standard procedure but often doesn’t offer any added benefit. And don’t forget: Sometimes it pays to pay out of pocket! Doctors often have great discounts available if you pay in cash upfront. Plus, they may offer other incentives such as free samples or follow-up visits without copays.

6) Compare prices for tests and procedures at multiple facilities

Before scheduling a procedure or test, take a few minutes to call or visit several facilities in your area. The same test can cost anywhere from $50 to $1,000 depending on where you go, so it pays off to do some comparison shopping.

The best place to start is Healthcare Bluebook, which lists hundreds of health services and their average prices at various providers across your region. Compare these prices with those at an independent lab like LabCorp or Quest Diagnostics, which will run you about $25 per test.

If you have insurance, check out your provider’s network first—they may offer lower rates than other labs. When all else fails, try searching for local coupon codes online. You might be able to find one that knocks 10% or more off your bill.

7) Ask about discounts for cash payments up front

In a perfect world, you’d pay your doctor or hospital upfront and in cash. That way, there wouldn’t be any confusion about insurance coverage or how much it would cost. However, if paying cash is not an option, ask your medical provider if they offer discounts for people who pay their bills within a certain amount of time (30 days is a common window).

Some providers may be willing to shave off as much as 25% of your total bill just for paying early. And even though it may still sting to pay more than expected upfront, at least you’ll have saved some money—which is better than nothing!

10 Ways to Save On Healthcare Costs

8) Don’t trust a medical bill until you receive an explanation from the provider, and make sure you understand it.

Medical bills can be difficult to understand. It’s a good idea to get in touch with your provider and explain what you don’t understand. Many times, they will offer a professional explanation—and if they don’t, find another doctor who will! No matter what kind of medical provider you choose, it is important that you feel confident about how much services cost and why they cost that amount of money.

If you are uncomfortable asking questions or have trouble understanding an explanation, consider finding a new provider. You should never pay for care until you fully understand what was done and why it was necessary.

If your insurance company does not cover certain treatments or medications, ask for an itemized bill so that you know exactly what you are paying for. Also, make sure to ask about any discounts available through your insurance company before making any payments. Read More…

9) Check out free clinics and community health centers

You don’t have to pay for medical care. If you live in a state that offers it, you can use a community health centre or free clinic; these clinics serve low-income people and those without insurance. There are more than 8,500 health centres across America.

Need some more ideas about how to cut down your monthly expenses? See our list of 50+ ways to save money every month. Some of them are super easy! How much do you spend each year on household cleaning supplies? Can you get by with less?

Check out our tips for making your own cleaning products at home and see if they could help you trim down your budget. Did you know Amazon sells nearly everything imaginable at ridiculously competitive prices?

It’s true! I bought all my kitchen appliances there and saved hundreds of dollars compared to what I would’ve paid at retail stores. Be sure to also check out their daily deals section where they offer deeply discounted items each day. No sense in paying full price when things go on sale all the time!

10) Consider going outside of your insurance company’s network if it means lower charges

According to a study by HealthPocket, consumers can receive as much as 40 per cent of their doctor visits and prescription medications by going outside of their insurance company’s network. Doing so could result in lower annual out-of-pocket costs compared with being a loyal network member, but it can have some drawbacks.

One is that if you receive medical care outside of your insurance provider’s network, you might not be covered for related expenses. Additionally, if a doctor outside of your insurer’s network orders a lab test or sends blood work in for analysis, those results may not be processed by your insurer; you’ll have to pay out-of-pocket for those services unless they were medically necessary. So think carefully before taking advantage of these offers.

10 Ways to Save On Healthcare Costs
10 Ways to Save On Healthcare Costs

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