How to Lower Your Health Care Costs
As the cost of health care continues its upward march, insurers continue to raise premiums and shift a larger share of the bill to consumers. Mounting costs have fueled the national conversation, and health care is shaping up to be a key issue in the 2020 presidential election.
Even with employer-provided insurance, your expenses--including premiums and out-of-pocket costs--will likely go up this year. But selecting the right plan for you and your family can help save money. For example, if you don't anticipate having hefty medical expenses, you may come out ahead with a high-deductible health insurance plan paired with a health savings account. For Andy Hill, a corporate event sales director who lives in a suburb of Detroit with his wife, Nicole, and their two children, Zoey and Calvin, switching to a high-deductible plan has saved the family $200 to $300 a month in premiums and allowed them to save about
