On the Money: Confronting fresh health insurance deductibles; On the Money: Confronting fresh health insurance deductibles
The new year often starts harshly for people with high-deductible health insurance.
Many deductibles reset Jan. 1, forcing patients to pay thousands of dollars for care or prescriptions before most insurance coverage starts. Such a financial hit can be brutal for patients with cancer or a chronic condition, some of whom may have just satisfied the previous year's deductible the month before.
More patients are using tax-exempt health savings accounts to set aside money that can soften...