Daily Money - 8 Ways to Lower Your Health Care Costs

Elizabeth O'Brien is a senior writer at Money

I don’t like the word “consumer” in a health-care context. While I’m guilty of using it in stories, the word implies that patients have all the information they need to be savvy shoppers of medical services. That couldn’t be further from the truth. It can be hard to get cost information upfront, even in a non-urgent scenario. While you might be able to get an estimate on your knee replacement, you can’t price out an unexpected emergency room visit in advance. It’s a flawed system, but that’s not to say there are no strategies at your disposal to manage your health care costs. Learn some of them in today’s edition.

Best wishes,
Elizabeth

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TIMELY RETIREMENT NEWS, INSIGHTS, AND ADVICE

How to Save Money on Prescription Drugs, Medical Bills and Other Health Care Costs

Sometimes, it’s cheaper to bypass your insurance.

Please Stop Posting Pictures of Your COVID-19 Vaccination Cards on Social Media

Scammers can leverage the personal information shared.

Answers to All Your 2021 Tax Questions, From Stimulus Checks to New Deductions

Tax season starts Feb. 12.

RETIRE WITH MONEY COMMUNITY INSIGHTS

I love hearing from readers, and it occurred to me that I shouldn’t be the only one having fun learning about you. So I’m excited to announce a new segment of this newsletter called “Reader of the Week,” where we introduce everyone to one of their fellow readers. Each segment will feature a photo and brief Q&A with the featured reader. Everyone is welcome — you don’t need to be retired. If you’re interested in being included, please let me know by replying to this email. Thank you!

RETIREMENT NEWS FROM AROUND THE WEB

Social Security and Medicare Changes in 2021

Here’s what’s new with benefits, plus what to know about retirement plan contributions. THE STREET

How to Cope With a Life-Changing Diagnosis

The head of the Alzheimer’s Association shares some tips upon Tony Bennett’s diagnosis with the disease. USA TODAY

You’re More Likely to Get Side Effects After Your Second Coronavirus Vaccine Dose

Here’s why the immune system reacts the way it does. THE ATLANTIC

A New Documentary Looks at Life in The Villages

A young filmmaker takes a complex look at older age in “Some Kind of Heaven.” NEXT AVENUE

Elizabeth O'Brien is deputy editor at Money. She has covered retirement and health care for nearly a decade. A Brooklyn resident and mom of two boys, she navigates the alphabet soup of Medicare and the New York City subway system with equal ease. You can email her at elizabeth.obrien@money.com and follow her on Twitter at @elizobrien.

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Daily Money - 8 Ways to Lower Your Health Care Costs

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