Call (951) 655-0227 to speak with a licensed insurance agent.

Call (951) 655-0227 to speak with a licensed insurance agent.

Reducing the Annual Costs of Healthcare and Medical Treatments

Posted by Elder Health Plans, September 2, 2016

Having a high-quality health insurance plan is essential to minimize out-of-pocket expenses and the costs that are paid for medical services. How much are you spending each year on medical costs? If you don’t have the right insurance plan, then you might be surprised to see how much you are paying for expenses, premiums, and copays.

Calculating Medical Costs

There are several ways that you might be spending money on medical expenses. Since the money is spent in different ways, it can be surprising to see how much you are spending. These are some of the ways that you are paying out-of-pocket costs for medical care:

  • Monthly insurance premiums
  • Tax penalties if you don’t have a qualified insurance plan
  • Co-pays when visiting the doctor
  • Deductibles for emergency services
  • Prescription costs at the pharmacy
  • And more!

Take a moment to add up all of these expenses, so that you can get a clear picture of the amount of money that you are spending for your healthcare.

Reducing Annual Medical Expenses

Some people think that it is better to find a cheaper insurance plan to reduce their medical expenses, but they make the mistake of choosing a high-deductible plan and end up spending a lot more on the out-of-pocket expenses when an emergency happens.

If you visit the doctor on a regular basis, or you are in need of ongoing medical treatments, then it might be more cost effective to increase your monthly premiums for more insurance coverage. In other situations, it might be better to choose a cheaper plan with a high deductible if you don’t visit the doctor very often.

Talk with an Insurance Expert

The only way to determine the right insurance coverage to match your needs is to talk with an insurance expert. By comparing the different plans that are available, you can find the plan that will be the best fit for you and your family. By talking with an insurance agent, you have the opportunity to compare different plans that are available, instead of getting stuck with an insurance plan that is costing too much money.  Most importantly, this service is offered at NO COST to you!

For more information about high-quality insurance coverage, contact us to learn about the options that are offered.

Need more information?

Contact us online to learn more

Contact Us

Close Accessibility Tools
Accessibility Controls Reset
Content Adjustments
Font Size

Default

Line Height

Default

Content Scaling

Default

Highlight Titles
Highlight Links
Highlight Forms
Align Left
Align Center
Align Right
Focus Mode
Color Adjustments
Desaturate
Monochrome
Contrast

Default

Saturation

Default

Accessibility Statement

Despite our attempts to make this website accessible for everyone, there may still be some pages or sections that are not completely accessible, are in the process of becoming accessible, or do not have a suitable technological solution to make them accessible. Nevertheless, we are always striving to enhance our accessibility by adding, updating, improving its options and features, and incorporating new technologies.

We want to provide our users with the best experience possible, so we strive to support as many browsers and assistive technologies as possible.

If you wish to contact this website's owner, please use the contact form on the website.

Our User Interface Adjustment Options

Font adjustments - With this tool, users can modify font size, style, letter spacing, and line height for improved alignment and readability.

Color adjustments - Users can customize their color contrast profiles to light, dark, desaturated, and monochrome.

Content highlighting - Users can prioritize key elements such as links, forms, and titles.

Content focus - Users can enable focus mode to highlight the current page information based on their mouse movement.

Close