50 Ways to Cut Health Care Costs

December 20, 2006

Just ran across the article 50 Ways to Cut Health Care Costs on CNNMoney’s website. 

As fast as health care costs are rising, I think it’s a good idea to educate yourself about your health care costs and how to cut them.

#3 Pay up front, in cash – I have done this several times, and have gotten a 15% discount as a result.  If it’s a cost that won’t be covered by insurance (because you have a high deductible), then it benefits you to pay up front to get the discount.

#10 Visit a retail health clinic (such as CVS and Walmart) – I haven’t had any reason to do so yet, but it’s nice to know that I have somewhere else to go for poison ivy, the flu, or other small ailments that’s less costly than a visit to the doctor.

#18 Consider an HSA – although these aren’t right for everyone, I have an HSA and love the savings (lower premiums and a tax break).

Click here to read the full article: https://money.cnn.com/popups/2006/moneymag/healthcare/index.html


Leave a Reply


Beacon Financial Advisors, LLC, is a fee-only financial planning and Registered Investment Advisory firm headquartered in Lee’s Summit, Missouri and serving the greater Kansas City area.

The firm offers comprehensive financial planning services. Beacon advisors work solely for their clients. Click here to learn more about our services.

About Us

Kristine McKinley, CFP®, CPA, is the founding principal of Beacon Financial Advisors, LLC, an independent, fee-only financial planning firm located in Lee’s Summit, Missouri and serving the greater Kansas City area.

Kristine focuses on providing fee-only financial planning, investment advice, and tax preparation to individuals and families from all income levels.  About Us

In the News

Investment News – Kristine McKinley discusses the 0% Social Security COLA (for 2016) in No Social Security cost-of-living adjustment in 2016.

Kiplinger Magazine/NAPFA – Kristine McKinley answered reader’s tax questions during the 2013 Jump Start Your Retirement Plan Days sponsored by Kiplinger magazine and the NAPFA Consumer Education Foundation.