Sick of paying such high medical bills? Here are just a few ways to cut the costs of treatment, preventing healthcare from having an unhealthy impact on your finances.
A good health insurance plan will be able to cover most of your treatment so that you don’t have to spend anything (except maybe a deductible if you choose to have one). Taking out insurance does mean paying a little extra money each month, but these small payments could be much more affordable than paying for treatment outright. By using comparison sites such as Compare Medical Plans you can find the best plan for you. Group insurance schemes can save you money if you’re looking to ensure multiple family members. There may also be insurers out there that can offer specialist schemes for those with medical conditions or those that are older and more at risk of needing treatment.
Shop around for treatment
Different clinics are likely to have different pricing. If it’s not an emergency, consider shopping around clinics in your area to find the best prices. Some people go as far as to look abroad for treatment in countries such as Cuba and India where prices on major treatment can be less expensive (even with flight costs added). On top of procedures, it’s worth shopping around for medication. Many people opt for the big and well known branded of over-the-counter medicine, but you can save a lot of money by opting for generic brands which are often just as effective.
Make use of membership discounts
It’s possible to get discounts on medical treatment by being a member of various groups. Joining your state’s Farm Bureau could entitle you to various discounts such as free prescriptions. Similarly, some gyms and business owner clubs may offer discounts on medical costs. Being a member of these groups may require a small monthly fee, so make sure that you’re’ getting more benefits out of the club than simply discounts on medical treatment.
Know your legal rights
In certain situations where an injury wasn’t your fault, you may be able to make a legal claim to help cover medical costs. Companies such as Abels & Annes, P.C. could help you claim this compensation. Common examples of treatment that could be covered include road traffic injuries, workplace injuries and injuries as the result of defective products.
You can sometimes negotiate the price of medical treatment – it is often not fixed. This could be done with your doctor or with medical billing staff. A common way to get discounts is to pay in advance for treatment in installments You may also be able to choose between different treatment, some of which may be cheaper but may also come with conditions that you may want to weigh up (there’s no point choosing a higher risk procedure simply because it’s cheaper).