Act Now to Maximize Health and Financial Benefits

As the end of the year rapidly approaches, many of us find ourselves entangled in the holiday rush, often leaving crucial health and financial benefits unattended. It's understandable to feel overwhelmed or unsure about how to proceed. However, failing to act can mean missing out on valuable coverage and savings. The good news? With a little attention now, you can secure significant benefits and peace of mind by December 31st.

Did you know that you can contribute to your HSA up until the end of the year? The triple tax advantage offered by HSAs makes them a compelling choice for savers. Consider boosting your contributions today to make the most of this favorable option.

FSAs operate under a "use it or lose it" principle. Unless your plan has a rollover option or a grace period, you'll need to spend any remaining balance before the year ends. Eligible expenses can range from medical supplies to certain health-related services.

If you've managed to meet your deductible or out-of-pocket maximum this year, consider refilling your recurring prescriptions now. This step can help ensure you’re covered before any changes roll over next year.

Determining whether your health insurance deductible has been met can be crucial. If it has, scheduling check-ups, procedures, or follow-up appointments now could be beneficial. Once the new year starts, deductibles typically reset, so it’s wise to plan ahead.

Don't let dental or vision benefits go to waste. Schedule appointments while there's still time. If availability is an issue, inquire about cancellation lists with your provider. This ensures any remaining benefits are fully utilized.

If you’re feeling uncertain about your coverage or remaining benefits, reaching out to your plan administrator or a benefits advisor can provide clarity. Professional guidance can simplify the process and help you understand your options.

By taking just a few small steps now, you can safeguard your health and financial well-being while enjoying peace of mind. Remember, acting before December 31st can lead to significant savings. Don’t wait—check your current benefits status today or consult a professional for assistance. Taking control of your benefits now will serve you well moving into the new year.