When reviewing health plans and evaluating costs, keep in mind that health insurance was not designed to cover every penny of care. health.
Everything under the sun on an open credit card is nice, but not when you pay the bill. But you are.
The purpose of insurance is to cover very expensive sudden losses. It's about healing yourself again and not having the financial responsibility of a ton of money to do it. One way or another, we've all decided over the past 60 years that the traditional diet should pay for everything.
Health insurance is the only insurance product, for the most part, that pays for first dollar coverage like doctor visits and prescription drugs. The health care system played the system on the bigger bank account paying the bill, not the little guy. The tables have turned …
Employees are more responsible for their health care by paying more for their check premiums and higher costs. Employers should encourage their employees to be more proactive in their health care. Here are some ideas:
Don't rush to the emergency room or the doctor for every little thing. What happened to home remedies or waiting to see the doctor instead of running to the ER? It will save you thousands in a year if you have kids.
Try to save money on drugs by finding alternatives. Sometimes skipping the drug doesn't impact your health, but makes you come back to the doctor. The other thing you can do is shop. Just because they're convenient doesn't mean they're the most cost effective.
Just because your doctor recommends a test doesn't mean you need to take it and get it done. The doctor went through many years of school, but they are also trying to do tests to protect them and get paid. Ask more questions to see if you think this is the right thing. Just like you would if your mechanic suggested items. It's your money.
If you are planning a procedure, take a look around you. Many new facilities are emerging to help reduce the cost of outpatient testing at outpatient surgical facilities. The hospital is not the cheapest. Far from there. This ends up driving up the price for you and the insurance company.
You don't have to go to a state-of-the-art teaching hospital, for most things. There is a time and place for advanced care that some of the leading teaching hospitals are bringing to the table. However, for most things, people experience overload and overload.
Ultimately, it will cost you more money, whether it's personal expenses or bonuses. There is no free meal.