The debate over health care costs will probably rage forever despite which political party is in power, or what, if any, plan you might have. Keeping yourself healthy is a crucial part of a long, healthy life, but, there are measures you can take to help rein in some of these costs today.
Kiplinger’s Personal Finance has excellent tips and advice on how to compare the costs of care and prescription drugs that don’t require any changes in your plan. Other tools, such as using Flexible Spending Accounts, or Health Savings Accounts, do, and may not be immediately available to you without changes to your plan.
Other health care cost lowering strategies
In addition to the tips that Kiplinger’s offers, if you are in the market for a new job, see if you can find out what your target company’s benefits are first. By this, I mean doing research on sites like Glassdoor or Vault to see if employees are discussing benefits. If not, ask the question outright. It’s possible that a company has a superior plan to the one yours offers, further lowering health care costs.
While it is required to have a health insurance plan, there are ways to help blunt these expenses. If you have any other tips, please let me know and I’d be happy to publish them.