Imagine traveling to a country where you don’t speak the language. You’re trying to find the right train to take you to your destination but you can’t read the signs or ask anyone for directions.
For many people, this is similar to their experience navigating the health care system. A 2016 survey found that few Americans were able to correctly define these four key health insurance terms: deductible, co-insurance, co-pay and out-of-pocket maximum. Unfortunately, the inability to understand your health insurance plan may leave a financial burden on you and the U.S. economy.
But it doesn’t have to be this way. Here are five tips to help you understand your plan and save money while you’re at it:
- Learn the lingo. Some people have trouble understanding basic health terms, such as premium, deductible, copayment and coinsurance. Understanding these terms may help you maximize your health benefits and potentially avoid unnecessary costs. For a glossary of health care terms, visit justplainclear.com.
- Comparison shop for care. Health care quality and costs can vary significantly across the country and within the same city. Some health plans offer websites and mobile apps that provide access to information to comparison shop for care. By visiting uhc.com/transparency, you can find market average prices for medical services in your area.
- Check. Choose. Go. Check your care options, choose a provider and go for care, while potentially saving money. If you are experiencing any life-threatening symptoms, call 911 immediately. But if it's not an emergency, comparing care options may help save you time, money and frustration. Use this guide to decide between the ER and Urgent Care and compare costs. Websites such as uhc.com/quickcare can also help you compare care options, including primary care, virtual visits, convenience care clinics or urgent care centers.
- Take advantage of incentives. Some employers offer incentive-based well-being programs, where you can earn rewards based on meeting certain health goals. One such program is UnitedHealthcare Motion®, which enables eligible program participants to earn more than $1,000 per year by meeting certain daily walking goals.* Visit unitedhealthcaremotion.com for more information.
*Financial incentives may be less due to limits under applicable laws.
UnitedHealthcare Motion is a voluntary program. The information provided under this program is for general informational purposes only and is not intended to be nor should be construed as medical advice. You should consult an appropriate health care professional before beginning any exercise program and/or to determine what may be right for you. Receiving an activity tracker and/or activation credit may have tax implications. You should consult an appropriate tax professional to determine if you have any tax obligations from receiving an activity tracker and/or activation credit under this program, as applicable. If any fraudulent activity is detected (e.g., misrepresented physical activity), you may be suspended and/or terminated from the program. If you are unable to meet a standard related to health factor to receive a reward under this program, you might qualify for an opportunity to receive the reward by different means. Contact us by email (firstname.lastname@example.org) and we will work with you (and, if necessary, your doctor) to find another way for you to earn the same reward.
Insurance coverage provided by or through UnitedHealthcare Insurance Company or its affiliates. Administrative services provided by United HealthCare Services, Inc. or their affiliates.