Health Budget & Savings Habit Healthy

As a new year and decade approach, take the time to review again your health bank account.  This starts with your medical condition and diagnoses.  Is everything stable?  Are you in good health?  When you look at your personal health, you can assess present condition and what the cost of your health care has been this year.  it is important to do this to see how much you spent on prevention (routine tests and doctor visit checkups, insurance, etc.) and actual treatment (home health, medication, hospitalization, holistic treatments, glasses, dental, etc,).  

Healthcare costs and coverage change as healthcare itself changes.  The biggest change for the next decade could be healthier people spending less for costly medical treatments; however, it will be patients paying more for medical services, while insurance companies pay less.  This can be quite a challenge especially for those on a limited income.  

It is as important to do a health expense checkup as it is to get a physical checkup every year.  Gather together all information for healthcare expenses in 2019.  Itemize and add up the total.  You may need at least this amount probably for 2020.  Set up a savings account at your bank,  Deposit regular to this account monthly.  Use it only for health costs.  If you have enough cash on hand equal to or more than previous year, start with that amount and try to double it by year's end.  Money you save on health can also be included. 

There is a cost for good health, but you can make it less of your cost by adhering to healthy living. Recent research has shown that non genetic factors may contribute more to disease than genes.  This means maintaining healthy habits while keeping unhealthy habits away.  Over time this in itself will help keep you healthy without overspending.  Prevention costs less than treatment, keeps you healthier and happier.  Best health!