Making the most of your health insurance

Maximizing your health insurance benefits can make a big difference in your healthcare experience — and your wallet! Start my familiarizing yourself with your plan’s key features, including your deductible, copayments, and out-of-pocket maximum. Knowing these terms will help you understand what’s covered and what your financial responsibilities are when you need care. Be sure to take advantage of preventative services, such as annual checkups and screenings, which are often covered at no extra cost. These services can help you catch potential health issues early, saving you time, stress, and money in the long run.

Another way to make the most of your health insurance is by using in-network providers. Seeing doctors, specialists, and facilities that are part of your insurance network can reduce costs significantly. In-network providers have pre-negotiated rates with your insurance company, lowering your initial out of pocket costs. If your plan offers additional benefits, like discounts on prescriptions, chiropractic care or telemedicine options, make sure to use them. Knowing the ins and outs of your policy can help you make the most of your health insurance and keep more money in your pocket.

Looking for other ways to save? Here are a couple of quick ways:

• Compare prescription prices (I use the app GoodRx for this)

• Choose the right type of visit for the situation (primary care, urgent care or emergency care)

• Utilize telemedicine services when appropriate

• Compare costs for non-emergency procedures