Maximizing Your Health e Arizona Plus Account Benefits: Tips and Tricks
If you have an Arizona Plus account or are considering signing up for one, it’s important to know how to maximize your health benefits. This article will provide you with useful tips and tricks on how to optimize your account and make the most out of your healthcare spending.
Understanding Your Arizona Plus Account
Before diving into tips and tricks, it’s essential to have a clear understanding of what an Arizona Plus account is and how it works. Simply put, an Arizona Plus account is a health savings account (HSA) that allows you to save money on healthcare expenses. Contributions to this account are tax-deductible, and the funds in your account can be used to pay for qualified medical expenses.
Tips and Tricks to Maximize Your Account
1. Maximize your contributions – One of the most crucial tips to efficiently using your Arizona Plus account is to ensure you’re contributing as much as possible. The contribution limits for 2021 are $3,600 for an individual and $7,200 for a family, so it’s essential to plan your healthcare spending accordingly.
2. Stay in-network – By staying within your health plan’s network, you can save significantly on out-of-pocket expenses. Check with your provider to ensure your chosen healthcare providers are in-network.
3. Use preventative care services – Under the Affordable Care Act (ACA), preventive care services are covered 100% by most health plans. This includes services such as annual check-ups, mammograms, and flu shots. By using these services, you can avoid potentially larger medical bills down the road.
4. Take advantage of telehealth – With the pandemic, telehealth services have become increasingly popular. Many Arizona Plus accounts now cover telehealth services, which can save you both time and money, especially if you live in a remote area or have mobility challenges.
5. Purchase eligible medical items – Did you know that certain medical items, such as prescription glasses, contact lenses, and over-the-counter medications, are eligible for reimbursement using your Arizona Plus account? Check with your provider to see what items qualify.
6. Plan for unexpected medical expenses – No one plans on getting sick or injured, but it’s essential to have a plan in place in case of an unexpected medical expense. Consider contributing any excess funds to your Arizona Plus account to give you peace of mind.
Conclusion
In conclusion, by understanding your Arizona Plus account and utilizing the tips and tricks above, you can maximize your healthcare spending and ultimately improve your overall health. Remember to stay informed about your plan and healthcare providers’ network to optimize your savings. By taking a proactive approach, you can ensure that you’re getting the most out of your Arizona Plus account.
