Do you have dental insurance? If you do, you could be overspending on the insurance. There are other, affordable options that can help you save money on dental costs. One popular option is a discount dental plan. Never heard of a discount dental plan? In this article, we discuss the 8 reasons why a discount dental plan is better than dental insurance.
At some point, unless you don’t have prescription drug care through your former employer, you will need to select a Part D Medicare prescription drug plan. Selecting the right part D prescription drug plan is a major decision. Picking the wrong one could cost you thousands over your lifetime. Fortunately, choosing the right one can be easy. Here, we discuss how to pick the right part D Medicare prescription plan in 4 easy steps.
Raise your hand if you are worried about your out-of-pocket health care costs. We thought so. As we discussed in previous articles, health care costs continue to rise, even much quicker than the ordinary cost of living. As of this writing, the average health insurance increase for 2018 plans is between 8% and 10%. Many carriers have dropped out of the Affordable Care Act (i.e. Obamacare) exchanges. Do you have affordable health insurance options in your area?
According to a Willis Towers Watson report, many families can expect a 5.5% increase in their health costs in 2018. This is on top of a 4.6% increase in 2017. However, for those who buy off the health insurance exchanges, these people can expect an increase of about 17.8%!! As we wrote in a previous article, medical debt is the number 1 reason families go into bankruptcy. If this is you, try not to worry. Luckily, there are ways to mitigate these increases and still have good coverage. In this article, we discuss the ways to save money on health insurance. [Read more…]
According to a new report by health care services company Healthview Services, a healthy couple aged 65 could expect to pay $322,000 in today’s dollars in Medicare and dental premiums alone. Throw in the cost of deductibles and other cost sharing such as coinsurance, and the amount swells to over $404,000! If you are currently on Medicare, or will be turning 65 soon, you may have wondered how to save money on Medicare. Like anything else, figuring out ways to save takes some effort on your part. It can seem impossible. It is not. In this article, we discuss how to save money on Medicare. [Read more…]