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How to Reduce Your Family’s Health-Care Costs
A recent report shows the American family spends an average of $20,000 a year on health care, a significant blow to many families’ already-thin budgets. Here are seven tips to help reduce medical costs.

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Health-care costs have been steadily on the rise, but there are a few ways for consumers to fight back. Consumer savings expert Andrea Woroch breaks down how to keep the costs from breaking your budget.

Health Care Bill Stethoscope

Negotiate Your Bills

Doctors are often willing to negotiate for lower rates, especially if you’re paying with cash, so don’t be afraid to try and bargain. You can also get estimated costs from a couple of doctors to find the best rate.

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Scrutinize Your Medical Bill

Between all the codes and descriptions, medical bills can be overwhelming to try and sort through. According to the Wall Street Journal, experts estimate 80% of medical bills may contain an error, so take the time to check and double check for inaccuracies. Don’t be afraid to call and ask about a specific bill or code.

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Shop Costco

Costco partnered with Aetna to provide health-care plans in Arizona, Connecticut, Georgia, Illinois, Michigan, Nevada, Pennsylvania, Texas and Virginia.

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Use Coupons

Use Coupons for OTC Meds

Websites like CouponSherpa can help you find deals for some of your daily over-the-counter medications.

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Maintain a Healthy Lifestyle

Eating a healthy and balanced diet and exercising regularly can help ward off disease and ailments that can lead to trips to specialists and rack up massive medical bills.

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Health Care Costs

Research Alternatives to Generics

Taking generic medications can be a big wallet saver, so always ask your doctor and pharmacist for a cheaper alternative.  

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Use Mail Order Services

Order your meds through the mail will take some planning, but it can save  some serious cash. Often you can get a 90-day supply for the price of one co-pay. Check with your health-care provider and physicians to see if you can start getting your drugs at home.

AP

How to Reduce Your Family’s Health-Care Costs

A recent report shows the American family spends an average of $20,000 a year on health care, a significant blow to many families’ already-thin budgets. Here are seven tips to help reduce medical costs.

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