You might have heard about the Health Savings Account (HSA) when analyzing the list of insurance options your employer has available. It’s a recent thing and shows a lot of promise in allowing people to save up for the health costs that are almost always associated with aging and retirement. There are many benefits of a Health Savings Account. In fact, more and more applicants are jumping on the bandwagon - and for very good reasons, as you shall see below. In this article, we’ll go over the cover and benefits of HSA, and the ways in which … [Read more...] about What Are the Benefits of a Health Savings Account?
It can happen out of the blue. You get a bill for health services that you never obtained, or maybe you file an insurance claim and your insurer tells you that you have reached you benefit limit. Identity theft can also be found in the medical and healthcare sectors. It is not just limited to your financial data. In this case, identity thieves confiscate people’s health insurance and personal details so they can obtain certain types of treatment, procure prescription drugs and receive medical care. Unfortunately, there are even people … [Read more...] about How To Spot And Prevent Medical Identity Theft
Money is tight now as everyone knows it. And, with rising health care costs, it is sometimes complicated to find ways to cut back especially on necessities such as healthcare costs. But, here are five tips for spending less and learning how to save money on medical costs and expenses.
How To Save Money On Medical Costs
1. Go Generic With Medication
Ask your health care provider if your medications are essential. Are there other alternatives to try out before prescriptions?
If it is important to have the drug, ask if there exists a … [Read more...] about
A reader recently wrote in with the following question about healthcare reform. Can you outline how some of the healthcare reform law changes will affect people and business owners? Healthcare reform that has been instituted with regards to the PPACA or Patient Protection and Affordable Care Act will be facilitated over the coming five years. Guidelines, in most cases, will not officially become part of the law until the first of the year in 2014. However, certain mandates will take effect if your healthcare reform and coverage is renewed … [Read more...] about Healthcare Reform And What It Means For You