Napala Pratini: 5 Ways to Cut Medical Costs
Submitted By Anonymous, Created 03/21/2014 - 13:29
- Shop around for the best insurance plan- Health insurance premiums and other charges can vary greatly between plans and companies
- Negotiate your hospital bill- You can lower the cost of hospital bills by trying to get a lower cost upfront or by negotiating with your provider or insurance company after you receive your bill
- Get the best price on prescriptions- If you take a brand-name medication, ask your doctor to prescribe the generic equivalent
- Use a flexible spending account or health savings account- Depending on the type of insurance plan you have, you may be able to sign up for a flexible spending account or health savings account
- Check your bills- Boston-based health care advocacy group The Access Project reports that up to 80 percent of patient medical bills contain errors
Source: U.S. News
Source URL: http://money.usnews.com/money/blogs/my-money/2014/03/14/5-wa...