Zero is good when you eat zero carbs or have zero zits. But zero is not so good when you have zero bars on your phone or on January 1st every year. Why? The Insurance Mom is so proud you asked such a good question.
Because every January 1st most health insurance deductibles re-set to… ZERO! That’s right. No matter how much of your deductible you met this year, starting 1/1 most likely your deductible starts all over again.
It doesn’t have to be all bad, though. Remember that your deductible simply represents medical expenses your doctors have submitted to your insurance company… NOT how you’ve paid the bill. YOU decide how to pay off your bills; don’t let the doctor’s billing service tell you how to budget your money for their benefit.
Fight for your money! Feel free to be in touch with The Insurance Mom to brainstorm this brilliant money management idea.
Happy New Year everyone!
