Tips to cut health care costs
December 20, 2006 · Print This Article
CNN Money’s website had a great article on cutting health care costs today ~ 50 Ways to Cut Health Care Costs.
I think this article is especially important for self employed folks who may not have access to a group health insurance plan.
Some of the tips in the article I found interesting include:
#3 Pay up front, in cash - I have done this several times, and have gotten a 15% discount as a result. If it’s a cost that won’t be covered by insurance (because you have a high deductible), then it benefits you to pay up front to get the discount.
#10 Visit a retail health clinic (such as CVS and Walmart) - I haven’t had any reason to do so yet, but it’s nice to know that I have somewhere else to go for poison ivy, the flu, or other small ailments that’s less costly than a visit to the doctor.
#18 Consider an HSA - although these aren’t right for everyone, I have an HSA and love the savings (lower premiums and a tax break).
To read the full article visit: http://money.cnn.com/popups/2006/moneymag/healthcare/index.html
Stay-at-home parents need to have life insurance. Even though they may not be bringing money into the household their job has a financial meaning. Should something happen to the stay-at-home parent, the remaining parent will need to cover such expenses as daycare, cutting down on work hours, etc. It’s a wise idea for BOTH parents to have life insurance coverage in order to keep the family financiall secure.