Tuesday, July 2, 2013

The latest issue of AARP magazine features a MoneySaver article by Jean Chatzky on how to pay less out-of-pocket for medical care.

 “What hurts more than ripping off a Band-Aid?  Taking a good, hard look at your medical bills.  Annual out-of-pocket health care spending jumped 4.6 percent, to an average of $735m in 2011 (the most recent year for which figures are available) for people with employer-sponsored insurance, the Health Care Cost Institute reports.  To ease the sting, consider these three strategies—but be sure you’re not compromising your health.

Avoid unnecessary or duplicative care  The biggest way to save—by far—is to avoid treatment or tests you don’t need.  Not rushing into questionable back surgery, for example, “will save you a lot of pain and money,” says Jeffrey Rice, M.D. CEO of Healthcare Blue Book, a Kelly Blue Book-type guide to medical care.  Before you give that blood sample or get that MRI, ask your physician if this needs to be done immediately.  He or she might suggest a more financially conservative approach, or a safe amount of time to wait and see if the problem improves on its own.

Compare costs of treatment  Many of us purchase health care services without a clue as to cost.  Before treatment, ask doctors and facilities how much they’re going to charge.  Compare those answers with typical costs in your area; you can get that information at healthcarebluebook.com.  Call around to check prices at specific facilities near you.  It can save you thousands of dollars, especially if you have not met your deductible or decide to go out of network.  Also, ask your doctor about cheaper versions of any drug you take.  If you feel uncomfortable talking process with a doctor, consult you pharmacist.
While both patients and employers are looking to keep the cost of care down, they are also seeking providers with a reputation and track record for quality care and positive outcomes to help reduce the need for future care and additional costs.

But the search for providers that can deliver low-cost, high-quality care is no longer limited to a setting located within a reasonable drive.  Patients and employers are surgery shopping outside of their states and regions to identify the best providers available and at the best price—prices that do not necessarily just look at the cost of treatment but may factor in expenses associated with travel to and from a setting.

The State of Florida’s Agency for Health Care Administration (AHCA) hosts several online tools for patients to compare the cost and quality of surgeons and facilities at www.FloridaHealthFinder.gov.    Expert assistance on how to navigate AHCA’s and similar websites is available from patient advocate Evette White-Rosenthal.  Contact Evette at ewrosenthal@noif-fl.com or (561) 844-0120 ext 407.


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