Healthcare and Alternative Medicine
$30 Billion Out of Pocket Expenses
$14.7 billion on Chiropractors, Acupuncturists,
and Massage Therapists
$12.8 billion on Natural Products
$2.7 billion on Selfcare Approach
Wellness Books
Homeopathic Medicines
Why do people use Alternative Medicine?
Personal Values
Beliefs
Philosophical Attitude about Health
References
Calabro, S. (2009, August 25). Alternative medicine: is it covered? Retrieved from Everyday Health website: https://www.everydayhealth.com/alternative-health/the-basics/paying-for-cam-treatment.aspx
Renter, E. (2015, March 9). Does your health insurance cover alternative medicine? Retrieved from website: https://health.usnews.com/health-news/health-insurance/articles/2015/03/09/does-your-health-insurance-cover-alternative-medicine
Subtopic
Valles, M. (2018, November 16). Alternative medicine and your health insurance. Retrieved from The Simple Dollar website: https://www.thesimpledollar.com/insurance/health/alternative-medicine/
Affordable Care Act
Does not let Insurance Compnaies to discriminate against licensed Healthcare providers.
But most insurance companies require a statement from
a Primary Care Doctor
Has limited coverage on Alternative Medicine due to being experimental or not medically necessarey
Alternative Accounts
Health Savings Account (HSA)
Tax Deducible
Tax-free when used for medical purposes
Stress free from health and finicial loophole
Flexible Spending Arrangement (FSA)
Pre-tax
Healthcare Costs
No roll over; must be use by the
end of the year
Coverage Details
Call insurance company
Contact local provider
Look for additional costs
If no coverage, try negotiating