Unless you are one of those lucky few that are fair to a fortune, then money is probably one of the things that weigh most heavily on your mind. Nothing comes for free and that includes your health. But is it possible to deal with your health care issues and not spend a fortune? Yes, it really is. Just read on for some tips on how to do it.
For most Americans looking out for their health includes having medical insurance. This a premium that you pay to a company, who will then take care of your medical bills, as and when they arise. Yes, this does mean that you are outlying money each month. But it is a way of being frugal, as most medical bills would cost you way more in the long term. So insurance offset these costs.
There are various different companies that offer medical insurance to choose from, and some have different rules for different states. So before making that decision, you should consider the policy carefully to ensure you are getting the best value for your money.
You need to make sure that you get the best coverage possible for your premiums. Some companies don't include particular conditions or treatments. So it's always best to read the fine print before you sign your money away.
For example, you can get Blue Cross insurance coverage for rehab. But some of their competitors won't cover treatment for addictions in their policies. Of course, you will need to make the call whether this is something that is going to worthwhile investing in for you and your family. But addiction like so many other diseases can arise unexpectedly, and be hard to predict, so many people think it's better to be safe than sorry, in this case.
Another way of being frugal and remaining in tip top health is to use the services in free clinics that are available around the country. These are medical institutions that are set up on a pay-what-you-can-afford or charitable basis. They are designed to help those that can't afford medical insurance to get medications and treatments that they need to be well.
So why doesn't everyone use these free clinic all the time? Well, first of all, they aren't the norm. Most hospitals are not free, so you will have to find one that offers these services.
Secondly, while they offer amazing care for conditions that are easier to resolve such a broken leg or infection. Long term and chronic conditions may be harder for them to treat because they are such a strain on the clinch resources. It's not that they don't treat them, but they may be limited in what help they can offer, meaning your well-being could be put at risk.
So, while they are a great safety net for some folks, they are not necessarily, the best option to consistently rely on.
Now they say that the best form of defense is attack, and that can really ring true in term of being frugal and staying healthy. In fact, lots of folks take the initiative by using preventative measures to minimize their chances of contracting long-term health conditions.
For example, it is way better to stop smoking and slash your risk of many different types of cancers, lung problems, and heart disease, than having to pay or use your insurance fix things when they go wrong. You will also save a packet on cigarettes, so it really is a no-brainer on the financial front.
There are other preventative measures that you can take with your health as well, to reduce the risk of you incurring expensive medical bills. For example, you can exercise five times a week which is known to reduce your risk of illness by a third. As well as taking vitamins and eating a healthy diet.
Other financial options
Insurance, free clinics and trying to not get sick are not the only ways of dealing with the financial burden of medical costs. There are other things that you can do as well.
One solution is to ask for financial help from friends, families, and acquaintances. Many folks do this via GoFundme pages, where interested parties can make donations quickly and easily online, to help with your situation.
Another option is to seek compensation if you are experiencing a medical issue that is not your fault. For example, if your previous surgery went wrong, or you were involved in an auto accident you can speak to a lawyer and see if you have a viable case.
Then If you win, your opponent will have to pay you medical and court bills, which could leave you in a much better financial position that if you had to find the money yourself.