3 Year-End Healthcare Moves to Make
Healthcare is a major expense for working Americans of all income levels, and a few smart moves on your part in the next couple of weeks could help you eke out savings that make your medical expenses more affordable. Here's what to focus on.
If you put money into a flexible spending account (FSA) for 2019, you may get the option to carry a certain portion of your balance into 2020 or deplete your plan balance in early 2020. But even with those choices on the table, if you have a lot of money left in your FSA at present, you'll want to make sure to use up the amount you can't carry forward. If you don't, you'll effectively forfeit money.
If you don't have any medical appointments coming in the next few weeks, see if any of your recurring prescriptions are eligible for renewal and pay your copays now to use up your FSA funds. You can also try loading up on supplies that are FSA-eligible, like bandages and sunscreen. And if your eyeglasses could use a refresh (or more importantly, a new prescription), now's a good time to invest in a new pair.
Source Fool.com
