The amount of money you spend on healthcare each year can feel limitless, from doctor visits to prescription drugs to copays and premiums. Fortunately, a little comparison between shopping and investigative work may help you save a lot of money.
Here are 11 ideas for putting more money in your pocket.
1. Inquire about generics
If your doctor prescribes a medication, see if a generic version is available.
2. Request a discount
If you’ve been a good patient but can’t afford a procedure, don’t be hesitant to ask your doctor or healthcare provider if you can get a discount on an office visit or surgery. You could be pleasantly surprised.
3. Pay attention to your doctor’s advice
According to Larry Boress, head of the Midwest Business Group on Health, “about 20% of people never fill a prescription they get from their doctor.” “Half of them aren’t taking it right, and the other half aren’t refilling it.” If you don’t follow your doctor’s recommendations, you could end yourself in the hospital again, piling up yet another medical expenditure.
4. Look around.
You might not think twice about filling your medicines at the local pharmacy, but you should. Make a few phone calls to discover what other pharmacies are charging for the identical medication. You might be able to save a lot of money.
5. Compare costs of lab tests
Has your doctor advised you to get an MRI or a blood test? Before you go to the recommended institution, phone a few different testing centres to check how much the operation would cost you. The cost of the same treatment varies greatly across the country and even within a single ZIP code. It could be substantially less expensive depending on where the service is performed.