(Not So) Foolish Advice

Psst!

Want to save bundles on health care?

The Fools have some suggestions . . .


Part of why having health insurance is valuable is that your insurer usually negotiates with doctors and hospitals to charge less for covered patients. But even if you're not covered, you can negotiate the same deals

When was the last time you asked the cost of a procedure? Or asked your doc if a lower priced medicine or treatment plan is just as effective?

My guess would be . . . never.

by learning what you're being charged for, you can challenge the common mistakes that inflate your bill. Some insurance companies even offer rewards if you find a mistaken charge.

Read your E.O.B.

You don't have to be a rocket surgeon to figure it out.


For non-emergency care, it's smart to call your insurer beforehand to find out whether there will be any problems down the road.

Don't just ASSUME that all providers are in network. That is one of the biggest mistakes people make that can cost them thousands if you are not careful.

Many doctors and hospitals offer free or low-cost screenings and other services from time to time.

Places like Minute Clinic deliver low cost, quality care for around $40.

Bottom line. Take charge of your health care rather than going along for the ride.