For most of us, we’ve seen our health insurance deductibles rise dramatically over the last decade. We now pay thousands of dollars in deductible– and that’s before any of the insurance kicks in!
But there are things that can help. We’ve put together a list of products to help cover those high deductible costs.
First, if you have a qualified high deductible health plan, you should use an HSA (Health Savings Account). This allows you to put money away (TAX FREE) to pay for your deductibles. Check with your insurance advisor or accountant to see if this is an option for you.Here are some additional solutions:
So, as you consider your health insurance options – premiums vs. deductibles, know that there are other pieces that can play into your decision. Many times, employers offer these types of coverage at the workplace. If not, contact an insurance company or insurance professional for help.