Great Ways to Cut Medical Costs

By Steve Diggs
No Debt No Sweat! Financial Seminar Ministry

CBNMoney.com –When I go to a church to share the No Debt No Sweat! Christian Money Management Seminar I frequently hear heartbreaking stories of the financial struggles various attendees are facing. It’s especially touching when a family has been overwhelmed by medical bills they had no control over.

For many of us the single most important money saving medical tip is to lead a healthy lifestyle. I know all about this. I was only 39 year olds in 1992 when I went into St. Thomas Hospital in Nashville. About six days later I went home sporting five heart bypasses.

I’ll never forget a comment my surgeon made before he released me. He told me that only 5% of his patients paid any real attention to his instructions about healthy living. Consequently, their surgeries usually didn’t help for very long.

I’ll admit it—I was one scared puppy! There I was with four super kids and a world-class wife that I didn’t want to leave. It was time for a lifestyle change. I had never smoked or been a drinker, but I was doing a bunch of dumb things to my body. I had never been one to exercise: actually, I hated the word gym! (The only exercise I got was rolling over in bed at night.) And I was an award-winning, recreational eater—I ate anything that didn’t get off my plate first. And lastly, as the head of an advertising agency, I led a high-stress lifestyle.

Things on Planet Earth were about to change for Steve Diggs! Since those early days, God has been very kind to me. He has blessed me in more ways than I can recount here. Today, after twelve years, my health is doing well and I have cholesterol levels other people would kill for. Thank You, Lord!

But I believe God expects me to do my part, too. I can tell you that I decided to become part of my doctor’s 5.5 percent —I would transform my lifestyle as soon as possible! I changed my diet. I stopped eating hamburgers and fried chicken. As a matter of fact, I don’t think I’ve had a steak or an order of French fries in 12 years! (I might have had a bite here and there, but not a full meal.) I work out on the Stairmaster three days a week with a five mile regiment that I do in about 32 minutes. And, with His help, I have learned to reduce the stress and walk more peacefully with God.

Today life is good. Yes, I have plenty of prescription and medical expenses—but far less than I might if it weren’t for the decision to live a healthier lifestyle.

Simple Things Anyone Can Do

Roughly 14 percent of America’s Gross Domestic Product goes to pay medical expenses. Every year insurance costs go up—and coverage seems to go down. As I write this, one of the national health insurers has recently announced it will be raising rates by 20-30 percent next year. It behooves any family to look for ways to cut the cost of medical care. Following are some ideas you may find helpful:

When your doctor prescribes a new medication, ask if he can give you a free sample. This will give you time to see if the medication is effective while you compare costs at various drug stores and mail-order outlets.
Usually outpatient services are less expensive than inpatient services. Talk with your doctor. If an outpatient service will be equally good, consider opting for it.
If you are taking a prescription long term, consider ordering from a mail-order pharmacy—it can be cheaper.
Consider buying generic prescription drugs.Usually, brand name drugs are more expensive than their generic equivalents. Ask your doctor if a generic drug is appropriate in your situation.
Over-the-counter medications also have generic equivalents—check them out.In most pharmacies you will find generic equivalents of many of the popular, nationally advertised, over-the-counter drugs. Ask the pharmacist for advice on these money-saving alternatives to the cough syrups, cold medications, and laxatives you are familiar with.