As the end of the year approaches, it’s important to take full advantage of your health insurance benefits. Many people don’t realize that unused benefits typically don’t roll over into the new year. Here’s how to ensure you get the most from your plan before December 31st.
Most insurance plans have an annual deductible—the amount you pay before your insurance starts covering costs. By the end of the year, if you’ve already met your deductible, you can save significantly on medical expenses since your insurance will cover more, or even all, of your visit costs. Delaying until January means starting over with a fresh deductible.
Now is the time to consider scheduling important procedures, tests, or treatments you’ve been postponing, such as:
Many insurance plans also cover annual wellness visits, flu shots, and other preventive services at little to no cost, so check with your provider about what’s included.
To maximize your insurance benefits:
Scheduling your appointments should be done as early as possible. Keep in mind:
Take action now to maximize your benefits before they reset in January!