6 Ways to Save on Healthcare Costs

• Choose the right health insurance plan

  • A plan with a lower premium and higher deductible can work for you if you’re generally healthy.

• Take advantage of preventive care

  • Most plans cover preventive care, which includes annual well visits and vaccinations.

• Use health savings accounts (HSAs) and flexible spending accounts (FSAs)

  • These accounts allow you to save pre-tax funds for medical expenses.

• Shop around for medical services

  • Use your insurer’s cost estimator to compare costs on tests and imaging services from various providers.

• Maximize generic medications

  • When prescribed a medication, ask for the generic for considerable savings.

• Stay in-network

  • Make sure your preferred doctors and specialists are in-network before scheduling appointments to avoid higher out-of-pocket costs.