Health care costs are constantly on the rise. Health care spending increased by 9.7% from 2019 to 2020.
That's much faster than the 4.3% increase from 2018 to 2019. Taking an active role when receiving care helps educate patients to make educated decisions and save money.
Saving on health care does not have to be complicated. Whether you have traditional insurance or not, here are eight tips to keep more money in your pocket.
Using a strictly virtual telemedicine service such as Teladoc, MeMD, BetterHelp, Doctor on Demand, and many others can help significantly reduce how much you spend on care.
Research Providers and Services
Many insurance providers offer cost and quality comparison tools on their websites. Users can filter by location and procedure type.
Save on Prescriptions
Prescription savings cards and coupons are easily accessible for many brand names and generic drugs. In addition, many pharmacies have prescription savings cards available at the counter.
Healthy Lifestyle Changes
Maintaining a healthy diet, adequate sleep, controlling stress levels, exercising, and quitting tobacco are steps to improve physical health and lower health care costs.
Preventive Care is Key
Getting blood pressure screenings once a year is more affordable than getting hospitalized for a stroke or kidney failure resulting from untreated hypertension.