Healthcare is one of the most costly expenses in any family’s budget. If you or a loved one require a complex procedure or surgery, you might need to pay thousands just to access the medical care you need. This is especially true if the procedure is elective or not covered under your health insurance plan. Thankfully, there are a number of ways to save money, even when you need to get an expensive surgery or treatment.
So, let’s take a look at a few different ways to save money on costly medical procedures!
Ask Your Doctor about Alternative Treatments
With many ailments and conditions, there’s not just one treatment. In fact, there are often dozens of ways to go about treating various conditions. Each treatment option comes with its own risks, benefits, and costs.
For example, let’s say that you suffer from terrible arthritis pain in your knees. You take anti-inflammatory medication and go to physical therapy, but you still experience pain when standing, sitting, and walking. You may think that you’ll have to opt for knee replacement surgery, but you actually have options. If you find yourself in this position, simply ask your doctor about knee replacement alternatives.
This is just one example. If you’re unhappy with your current treatment or believe that there is a more cost-effective option out there, do some research. Then, talk to your doctor about the best option to fit your medical needs and your budget.
Practice Preventative Lifestyle Changes
Many health issues and conditions result from an accumulation of bad habits. For example, many heart conditions are the result of poor diet, limited exercise, and a sedentary lifestyle. These conditions may require years of treatment, medication, or even surgery. So, the solution is clear: make changes to your lifestyle to avoid costly medical procedures entirely.
There are many ways to live a healthier life, but the two most important aspects of body health are diet and exercise. Try to eat a natural diet with plenty of fruits and vegetables. If you’re worried about arthritis or bone health, consider adding vitamins and supplements.
Finally, remember to avoid staying seated for long periods of time. Even if you don’t have a lot of free time, try to fit at least 10 minutes of low or high impact exercise into your daily routine. While you may not see immediate results, the long-term effects will be astounding. Regular exercise, especially cardio exercise, is linked to lower rates of cancer, heart disease, and many other serious health conditions.
Open a Health Savings Account
A Health Savings Account (HSA) is a great way to save for medical emergencies. In addition to saving for retirement, it’s also important to save for your future health needs. Health Savings Accounts not only give you a specific account dedicated to medical procedures, but they also allow your money to grow over time.
So, while an HSA will not reduce the cost of medical procedures, it will help your money go farther. Like many savings accounts, any contributions will grow with compounded interest. In other words, the sooner you start saving, the sooner you’ll be ready when a medical emergency arises.
As always, be sure to consult your doctor before undergoing any procedures or making any significant changes to your lifestyle!
How to Save Money on Costly Medical Procedures is a feature post