Life Essentials Magazine April 2018

5
READ YOUR POLICY THOROUGHLY
Anticipate that your insurance policy’s language will
have at least some loopholes in the coverage it provides.
It is essential to read your insurance policy thoroughly to
familiarize yourself with what is and what is not covered.
Keep some money set aside in case you have to pay outof-pocket
for a medical procedure or prescription.
6
DO NOT GIVE EXTRA INFORMATION
If you receive a telephone call from a health insurance
provider during the application process, do not volunteer
information. Give responses only to specific queries
they have made. If you give any extra information, it
will be recorded and can be used to raise the premium, or
can even be cause for denial.
7
SWITCH TO
GENERIC DRUGS
It doesn’t matter the type
of insurance coverage you
currently have. However,
you will save money if
you choose generic drugs.
Generics are available in
most cases and contain
the same ingredients as a
brand name.
8
CHECK INSURANCE
COVERAGE
It’s a good idea, before
choosing an insurance provider,
to call your physician,
clinics, and hospitals. Confirm
that you will be covered
completely if you use their
services. Looking for a list of
hospitals and doctors that
accept the insurance you
are considering is very easy.
9
PAY ATTENTION TO YOUR BILL
Even with health insurance, things such as prescriptions
might add surprises to your medical bills. Some
doctors only prescribe brand-name medication without
regard for the cost because they haven’t considered the
generic version. If you can use different pharmacies, do
some research to find out which one has the best prices.
Generic medicines are known to deviate in price at
different pharmacies.
April 2018 |
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