When it comes to medical benefits, are you maximizing yours? Honestly, it’s not something we really think about. When it comes to medical benefits, as long as you’re making your child’s appointment, you’re not really thinking about them (we know we aren’t).
However, it should be a priority because you want to make sure that you’re getting your money’s worth. You’re paying for these benefits, so why not use them to the fullest? And it doesn’t take much effort to really maximize your medical benefits either!
Here are some tips from Life Back Medical on how to really maximize your medical benefits this year: \
Use Your Preventive Services Coverage
Depending on your insurance, you might be able to get all preventative services without having to pay anything for them out of pocket. These include services such as routine screenings, check-ups and immunizations. For women, this also includes an annual OB-GYN exam and mammogram screening (if of age). Take advantage of these free benefits by making sure you make these appointments each year.
Take Advantage Of Out-of-Pocket Maximums and Deductibles
In insurance lingo, deductibles and out-of-pocket maximums are how much you have to pay for any medical services, treatments or exams before your insurance kicks in at 100%. When you’ve met that maximum, elective procedures are covered all the way. Knowing your maximums and deductibles at the beginning of the year is important to understanding what sort of medical treatment you can get when that number is met. But it’s ideal to get an estimate on what these out-of-pocket expenses are before you schedule any appointments so that you understand your financial obligation. But once you’ve met that maximum for the month or calendar year, you’ll be able to schedule elective services or appointments, like a colonoscopy or weight loss surgery free of charge.
Don’t Forget The Money You Already Have To Pay For Medical Expenses
If you have a Flexible Spending Account (FSA), Health Reimbursement Accounts (HRA) or Health Savings Account (HSA), you already have money to spend on your deductibles, out-of-pocket expenses, coinsurance and other health care costs that are eligible. Just don’t forget to use it! A FSA needs to be used the same year because it doesn’t carry over, which you don’t want to miss out on all that money. However, HRAs and HSAs do allow balances to roll over each year (HRAs for as long as you’re employed with the company offering insurance).
Life Back Medical works with your insurance so that you can get the health care you need to live a healthy life. They focus on preventing and repairing life-altering conditions, such as obesity, hernias, hemorrhoids and more. Located right here in Corona, CA, their medical weight loss procedures are done on the weekends as an outpatient procedure and they work with your insurance company. Visit www.LifeBackMedical.com for more information on their weight loss solutions.