| |
| |
|
Diabetes Information |
|
I Have Diabetes or Another Chronic Condition - Should I Use an HSA?
Health Savings Accounts (HSAs) are becoming quite popular for people who are generally healthy. But what about sick people? What about people who have chronic conditions like diabetes, multiple sclerosis or the like? Does an HSA make sense for them? The short answer is yes. One of my clients is a diabetic. She is very careful about what she eats and she takes her insulin regularly. She has a tremendous amount of energy and a great outlook on life. She's in her late fifties. She asked me about the high-deductible health insurance policy and the HSA in my book. We began to work the numbers together. With a high-deductible plan, she would definitely be paying out-of-pocket for insulin and other supplies every month, to the tune of over eighty dollars. But, on the other hand, she would save $250 on a reduced premium payment. Once we did the calculation, she and I realized that it made perfect sense for her to switch to a high-deductible policy and use an HSA. Even after paying for her diabetic supplies, she was saving $170 every month, which amounted to $2,040 a year. What could you do with $2,040 a year, given to you just for changing your insurance policy? I can think of lots of uses. My client has also thought of lots of uses for that money, believe me! (I think she's saving it for a nest egg.) Now, whenever she sees me, she points and says "You're the guy who saved me $250 a month!" That's a great feeling. If you have a chronic condition that requires pharmaceutical drugs or medical supplies or on-going doctor visits, please do this calculation for yourself. Compare the amount that you'd be paying out-of-pocket to the amount of money you'll save with a lowered premium payment each month. You might be pleasantly surprised! And, of course, if you have a relapse or a catastrophic health event, your insurance policy will kick in once you hit the deductible, and you'll enjoy full coverage after that. Health Savings Acccounts (HSAs) are a wonderful tool to help you reduce your health insurance costs. They are a perfect fit for the self-employed and the small business. And they are available today! Talk to your insurance agent, bank or financial advisor for more details. Who knows? You might have an extra $250 or more coming into your household next month! Daryl Kulak is the author of the book "Health Insurance Off the Grid - A Wonderful Way to Use Alternative Medicine and Save Money on Insurance Using the New Health Savings Account (HSA)." The book provides a nine-step plan to get your self-employed or small business health insurance costs under control using a unique approach you won't find anywhere else. The book is available for sale as an e-Book or paperback at the Website http://www.healthoffthegrid.com
MORE RESOURCES:
Diabetes - Google News |
|
|
|
RELATED ARTICLES
Tools to Manage Your Diabetes It's estimated that in the US, over 18 million people over the age of 20 have diabetes. If you happen to have been diagnosed with diabetes, make sure you're getting all the right diabetes treatment supplies. Becoming a Diabetes Expert I am a diabetes expert. No I'm not a doctor or a nurse. Diabetes Symptoms, Causes & Types Diabetes affects the manner in which the body handles carbohydrates, fats and proteins. If neglected, diabetes can have serious complications. Benfotiamine - A New Tool In Preventing Diabetic Complications? Benfotiamine made headlines globally in 2003 when researchers released information about a study that was conducted at The Einstein College of Medicine in New York. The bottom line of this study was that a substance of the allithiamine group of the naturally occurring thiamine-derived compounds had positive effects on neuropathy, retinopathy and nephropathy and heart/circulatory problems in diabetics. Diabetic Foot Care Tips: Cant Afford to Ignore It! Most of the time, we focus on health or skin care completely ignoring the importance of our feet. Foot care is equally important especially for diabetic people to avoid foot complications. I Have Diabetes or Another Chronic Condition - Should I Use an HSA? Health Savings Accounts (HSAs) are becoming quite popular for people who are generally healthy. But what about sick people? What about people who have chronic conditions like diabetes, multiple sclerosis or the like? Does an HSA make sense for them?The short answer is yes. Diabetes Awareness: Ill Wait til it Hurts By the time many type 2 diabetics (and often their doctors) realize action is necessary, the disease, with its destructive high blood sugars, has been silently damaging their body for years.Complications to the blood vessels and tissues of your eyes, feet, heart, kidneys, and other organs, are likely well underway. Diabetes Awareness: Family of Diabetics Thousands, if not millions of people have diabetes in their family. It's almost tragic the way things happen because it's not always a "common knowledge" among families. Humulin or Lantus, Which Insulin For Your Child? Humulin or Lantus? When my daughter, who was 8, was first diagnosed the Children's Hospital that was treating her put her on an insulin program of short acting Humalog NPH and long acting Humalin N. You should have seen me that first day of training after a long night in the emergency room where she was diagnosed. Diabetes Awareness: Wake Up Call When traveling on out-of-town business, its common to have the hotel front desk give you a wake-up call in the morning. You want to avoid the embarrassment and repercussions of being late for your business appointments. Diabetes Awareness: Diabetes on the Job When you go to work, your diabetes goes with you.You get up, get showered, get breakfast, get to work. What You Need To Know About Diabetes INTRODUCTIONAccording to the World Health Organization, a few decades back diabetes was an uncommon disease, in both developed and developing countries. Today, the story is different. Exercise & Diabetes You are no doubt aware that exercise can help prevent the serious complications that often come with diabetes and heart disease. Research has repeatedly shown that regular physical activity helps reduce the likelihood of having a heart attack or a stroke, aids in weight loss, and improves mood. Just Say NO to an 1800 Diabetic Diet It's been a year, and 85 blubbery pounds less, since I was diagnosed with diabetes Type2. The news was especially scary because my mother died of diabetic complications 3 years after diagnosis- the SAME AGE AS ME! EEEK!The day I was diagnosed, my doctor handed me a glucometer, an 1800-calorie diabetic diet and a handful of prescriptions, mumbling something about being sorry and I should watch after my health better. Exercise - The Only Hope for Diabetes! Why is it that the smallest paragraph in diabetes prevention magazines is about exercise? Exercise is probably the only hope for the diabetes crisis. If you have diabetes or some one in your family tree does, beware! You really have one choice, keep moving. Double Diabetes -- Placing Your Kids at Even More Risk In some medical circles it's called Type 3 Diabetes. Teenagers and young adults diagnosed with type 1 diabetes, if overweight or obese, can develop type 2 diabetes later in life. Living Healthy with Diabetes Diabetes affects around 16 million Americans and about 800,000 new cases are diagnosed each year. Diabetes attacks men, women, children and the elderly. Diabetes, A Bad Omen Or A Fresh Start? So you've learned that you've got diabetes. Well after the initial shock, you're stuck with dealing with the lifestyle changes that come with your diagnosis. The Profect Solution for Diabetics Diabetes, which affects more than 6% of the US population or over 18,000,000 people [i], is diagnosed when the body is not creating or effectively utilizing the hormone called insulin. As a result, much-needed energy from sugar, starch, and other sources are not being exploited as effectively as they should. Pre-Diabetes Awareness: Gamblers Understand the Odds Do you gamble? Play Texas Hold'em poker, casino games, or lotteries? Then understanding your odds of winning is part of the challenge.Are you planning on living a long and healthy life? A life free of aches and pains? A life full of excitement and adventure? Great, then understanding the odds of developing diabetes will surely cause you to take immediate action.
|
| home | site map |
| © 2006 |
