The year is winding down, and although it’s likely a very busy time of the year for you, it’s also a good time to think about your health and do something about that back pain that’s been keeping you from enjoying everyday activities.
The end of the year is the time to make sure you are getting the most out of your health insurance plan. If you have met your deductibles or have funds remaining in your Health Flexible Spending Account (FSA), you may be able to treat your back pain for little out-of-pocket cost to you.
Deductibles, Maximum Out-of-Pocket Expenses and FSA Funds
Most insurance policies calculate deductibles and maximum out-of-pocket expenses based on the calendar year. Medical expenses incurred during the year are applied to your deductible and are paid out-of-pocket until that deductible is met.
Once your deductible is met, you incur little or no out-of-pocket for covered medical expenses.
So if you’ve met or nearly met your 2105 medical deductible, now is the perfect time to take care of any medical procedures you may have been putting off. But don’t wait, copays, deductibles, and out-of-pocket expenses are reset on January 1, 2016.
As the end of the year approaches, it’s also a good time to check your policy and balances. If you’ve already met your deductible or if you have funds left in your FSA, and you’ve been putting off treating your back pain, now is the time.
Schedule now to get your procedure before the end of the year. Don’t wait because medical facilities typically experience a heavy demand for procedures towards the end of the year as patients try to maximize their benefits.
Stop suffering, and schedule your back pain relieving, minimally invasive, non-surgical treatments including: kyphoplasty, epidural steroid injections (ESIs), selective nerve root block (SNRB), medical brand (facet joint) denervations, or sacroiliac (SI) joint injections AND maximize your insurance benefits and FSA account funds.