5 Ways to cut your health-care costs

Given today's skyrocketing health care costs, many of you may be wondering how you can reduce your medical bills. A new poll of over 1300 health care providers, revealed that 59% of those surveyed, planned on increasing deductibles and out-of-pocket costs. Here are 5 ways that will enable you to cut the costs of services you need.

1. Choose medical professionals and hospitals that are part of your network. By doing so, it is possible to save hundreds of dollars each year. The reason that rates are more affordable is because, insurers try to negotiate the lowest rates with members that are in the network.

2. Try and negotiate a lower fee from medical professionals or facilities in your network. You might be surprised at how willing they are to accommodate you. Before each doctor's visit, check with your insurance company and determine how much they will pay for the services you need. Then, pass this information to your doctor.

3. Choose your medications wisely. Whenever possible, check with your doctor or pharmacist to see if there is a generic form of the medicine you need. Most drug plans charge a $5-$10 co-pay. Many name brand medications could cost you $30 or more.

4. If there isn't a generic form of the medicine you need, ask your doctor if there is another cheaper medication you could take instead. These medications may be more expensive than a generic one, but are usually less than the brand name equivalent.

5. Inquire about setting up a health services plan or HSA. These plans allow you to put aside money to pay for future medical expenses. This money accrues interest, and can be used to cover expenses your medical plan doesn't cover. You should strive to deposit the maximum contribution you can make to these plans.

In conclusion, whether you are insured or not, you are probably looking for ways to reduce your medical bills. I hope these 5 tips will help you do just that.

to read the complete article, go to: 50 Ways to cut your health-care costs