5-step strategy I use to cut costs with a high-deductible health plan - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

There are websites that can help you find cheaper drugs and affordable, in-network providers for procedures

for prices and coupons at more than 70,000 U.S. pharmacies. I compared prices for my two monthly prescriptions before deciding where to fill them. You'll also notice a big difference in the cost of procedures. To save on bigger expenses, ask your doctor for referrals. TryMy doctor asks for an ultrasound every two years to monitor my thyroid. By comparing options, I've been able to score a reasonable price for an otherwise costly test.

I start by combing through 12 months of checking and credit card statements, using the data to draft a list of the year's expenses. Then I separate them into two categories for next year — one-time expenses and ongoing costs. It's an opportunity to look at my spending. I've made mistakes, like using out-of-network providers or overpaying for prescriptions. I'll make a mental note, or set reminders, to make different choices for next year.

By the end of my audit, I tally my total out-of-pocket expenses. I divide the number by 12 and add a line item to my monthly budget. By setting the money aside every month, it's often less painful when the bigger bills arrive.If you've been putting off a non-emergency procedure, start planning for it now. Like other out-of-pocket expenses, you can start saving for it every month. One benefit of this strategy is some providers may offer a discount for paying in cash.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Starling has hit the 1 million account milestone - Business Insider - Business InsiderWhile Starling's total number of accounts may trail other big UK neobanks, it could have an edge over competitors due to the sustainability of its growth:
Source: BusinessInsider - 🏆 729. / 51 Read more »

The Content Moderation Report from Business Insider - Business InsiderThis report analyzes a pressing issue currently facing social platforms — content moderation — and lays out how we expect the debate to evolve.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The eSports Ecosystem from Business Insider Intelligence - Business Insider[NEW REPORT] The eSports Ecosystem: BIIntelligence breaks down the key players and trends driving the red-hot esports space that's on track to surpass $1.5 billion by 2023 BIIntelligence Love this
Source: BusinessInsider - 🏆 729. / 51 Read more »

Moveworks used this deck to raise $70 million from VCs led by Kleiner - Business InsiderHere’s the pitch deck AI startup Moveworks used to convince Kleiner Perkins to lead a $70 million funding round after passing on it three months ago
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google is planning to break into banking with new checking account offerings - Business InsiderGoogle will offer checking accounts to consumers next year, with the accounts themselves provided by Citigroup and Stanford Federal Credit Union. My data wasn't enough. Now they want the money Then healthcare, then life insurance, etc... About time! Keep the pressure up
Source: BusinessInsider - 🏆 729. / 51 Read more »