13 Health Insurance Tricks That Can Save You Thousands



Amanda Tarlton




Healthcare costs continue to rise, thanks to costly prescriptions and pricey hospital visits. Fortunately, there are ways to cut costs when it comes to your health—just follow these health insurance tips.

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Like most things in life, when it comes to health care plans, it pays to do your research and compare multiple plans before settling on one. From HMOs to PPOs, the one that works for you based on your own needs is the one you want, says Gail Trauco, nurse and patient rights advocate. It’s important to know what the differences between plans are. For example, “You must decide if you would like the option to choose your physician (which you need a PPO to do) or if you are comfortable with an HMO, where the physician is on staff at the health maintenance organization.” She also suggests that working with an insurance broker to guide you in these decisions can help. Don’t miss these things tax experts wish you knew about health-care deductions under the new law.