You will be amazed at the benefits you are entitled to.
Most important points:
- Many people’s health insurance plans keep them stuck with high bills
- Your insurance plan may even have hidden benefits that do the opposite.
- Look for savings on gym memberships, medications, and mental health services.
Without health insurance, the cost of receiving medical care can really be astronomical — enough to potentially lead to: bankruptcy. But alas, even of health insurance, you may still end up with a large number of medical bills due to limited coverage or needing services outside of your provider network.
But while many people with health insurance can still get stuck with expensive bills, some insurance plans offer a host of hidden benefits that can even result in a nice amount of savings. Here are a few benefits that may be lurking in your plan without you even realizing it.
1. Gym membership fee
Maybe you like going to the gym and keep fit, but maybe you don’t enjoy the $80 a month credit card charge your membership results. You may not have to pay anything or everything if your health insurance covers gym memberships.
Some plans with this feature require you to submit records showing that you’ve actually been to the gym. You’ll need to review your subscription details to find out how you qualify. There may also be a limit on the compensation you are eligible for. For example, your plan may reimburse you up to $800 a year and if you spend more, the rest is yours. Still, it’s better than paying that whole bill yourself.
2. Free Medicines
Many people are used to going to the pharmacy and paying a personal contribution for medicines. Yours could be $5, $20, or $80, depending on the type of medication you need and whether it’s a brand-name drug versus the generic version. But some health insurance plans offer free medications. If you need things like birth control or pills to control your cholesterol, you’ll find that you’re entitled to them without having to pay any co-payment.
In addition, you may be entitled to free bulk deliveries of medications, such as a 90-day supply of the pills you take daily. In some cases you may need to use a mail order service, but it’s worth getting the details so you can save.
3. A wide range of mental health services
Some health insurance plans are quite generous when it comes to mental health. You may be entitled to things like group therapy, individual therapy, free access to mental health apps, or other services that promote strong mental health.
Know which allowances you are entitled to
Reading through the rules of your health insurance policy may not seem like the most fun way to spend an afternoon. But it’s important that you familiarize yourself with that information so that you can not only avoid additional bills but also take advantage of the benefits available to you. And if you have any questions about your benefits, don’t hesitate to pick up the phone and call the number on the back of your card. Sometimes talking to a real person is the best way to get the information you need.
Warning: The Highest Cash Back Card We’ve Seen Now Has 0% Intro APR Until Nearly 2024
Using the wrong credit or debit card can cost you a lot of money. Our expert likes this top pickwith an intro APR of 0% until almost 2024, an insane cashback rate of up to 5%, all somehow with no annual fee.
In fact, this card is so good that our expert even uses it personally. Click here to read our full review free and apply in just 2 minutes.