Three Ways to Save on a High Deductible Health Care Plan
Due to new federal regulations, more Americans are switching to a high-deductible insurance plan. Though a high deductible does burn a hole in your wallet, there are a few things you can do on this plan that helps save money in the long run.
Invest in Advanced Lab Testing
An annual exam may put you in the normal statistical range, but that doesn’t mean that you are perfectly healthy. Normal is subject to different medical interpretations. A TSH level in the low-normal range may classify you as ‘normal’ but tell that to your rising fatigue and lack of energy. Advanced lab testing is designed to detect problems and symptoms before you are hit with a full-blown condition or a chronic disease diagnosis. Advanced lab tests might be a little inconvenient to find but catching a problem early will save you a bunch of money.
Look at Your Options for Healthcare Procedures
In certain cases, you might be better off paying cash for a procedure, rather than be charged an out-of-pocket fee on your high deductible health care plan. Find out how much various procedures will cost your insurance provider. This number is key to understanding whether you should opt for the self-pay rate or not. You should also consider visiting a private surgery center or a small hospital out of town. These places provide good quality care for a much smaller fee than a big hospital in a city.
Pay Attention to Content, Coaching, and Community
The 3 Cs are key to staying on top of your health and are as important as nutrition and exercise. Content involves staying informed by reading updated healthcare information from reputable online and offline sources to stay informed. Health care coaching or mentoring not only helps you create short term health goals, evidence shows that it pays off by giving you better health care outcomes. Finally, don’t underestimate the power of community. Studies show that quality face to face interactions with friends, family, colleagues, and neighbors have a positive effect on your health and lower your risks for chronic conditions. Consider playing a more proactive role in building relationships by joining a special interest group or volunteering at your church or a local charity.