When considering health plans and evaluating costs, keep in mind that health insurance was not designed to cover every penny related to health care.
Everything in the sun on an open credit card is nice, but not when paying the bill. But you are.
The purpose of the insurance is to cover sudden very expensive losses. It’s about making yourself complete again and not having financial responsibility for a lot of money to do it. We have somehow decided over the past 60 years that the traditional plan would have to pay for everything.
Health insurance is the only insurance product, for the most part, that pays for first dollar coverage such as doctor’s visits and prescription drugs. The health system played the system on the larger bank account by paying the bill, not the little boy. The tables have changed …
Employees are more responsible for their health care in paying more for premium dollars from their control and higher costs. Employers should commit their employees to be more proactive in their healthcare. Here are some ideas:
Don’t rush to the emergency room or doctor for every little thing. What happened to home remedies or waiting to see the doctor instead of rushing to the emergency room? This will save you thousands in a year if you have children.
Try to save money on drugs by finding alternatives. Sometimes skipping the drug may not have a health impact, but it does take you back to the doctor. The other thing you can do is look around. Just because they’re affordable doesn’t mean it’s the cheapest.
Just because your doctor recommends a test doesn’t mean you have to jump in and do it. The doctor has spent many years at school, but he is also trying to run tests to protect them and get paid. Ask more questions to see if you think it’s the right thing. Just like you would if your mechanic suggested articles. It’s your money.
If you are planning a procedure, take a look around. Many new facilities are popping up to help cut costs from outpatient tests to outpatient surgical facilities. The hospital is not the cheapest. Far from it. This ends up raising the price for you and the insurance company.
You don’t need to go to a state-of-the-art educational hospital, for the most part. There is a time and place for advanced care that some of the predominant teaching hospitals bring to the table. However, for most things people go beyond its overcharging and overcharging.
In the end, it will cost you more money, either in out-of-pocket or premium expenses. There is no free lunch.
by Butch Zemar