3 benefits in my health insurance plan could save me thousands

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  • I recently found out that my health insurance plan offers 3 benefits that can save me money.
  • It covers lactation counseling and a breast pump, which will help me if I have children.
  • It also covers some training classes and therapy sessions.

As I approach the end of a year, I sit down and take inventory of my finances. It helps me see how much I’ve spent on essentials, recurring monthly bills, and even unnecessary purchases that I wish I hadn’t bought. Last week, when I started putting together this spreadsheet, I was reminded of how expensive health insurance can be.

Every month, I pay $ 348 for a PPO plan through United Healthcare. This is the amount after my husband’s employer subsidizes the cost. It’s one of the most expensive recurring costs I have to pay, and for a few months I wish I could use that cash for other things, like groceries or to cover my credit card bill.

That’s why I decided to look into my health insurance plan to see if there are any benefits offered that can help me cut costs in other areas of my life.

Here are the three benefits I’ve found that can save me thousands of dollars a year.

1. Support for breastfeeding

In the next year, I’d like to start trying to get pregnant. Researching all expenses related to pregnancy, postpartum and even purchasing baby items made me think about not only starting saving now for these costs, but also calling my health insurance provider to see which ones. extra benefits cover, in addition to medical visits and labor and delivery.

The first thing I noticed my plan covers is access to a breast pump. Specifically, they cover electric double breast pumps for personal use, which can cost between $ 175 and $ 225 or more (this coverage was mandatory under the Affordable Care Act). I’ll probably need a pump, so this cover alone will save me money.

If I find that I am having difficulty with breastfeeding, or just want extra education, my plan also covers the costs of breastfeeding counseling with an online provider, as well as support classes. While costs can vary depending on your location and the amount of support you may need, this benefit can save a new mom a few hundred dollars.

2. Training classes

One expense I’ve paid for since the start of the pandemic is a subscription to the Peloton app, which gives me access to thousands of on-demand, real-time training classes.

While browsing the home page of my health insurance website, I saw that my plan includes a free subscription to the Peloton app for one year. This will save me $ 155.88 per year. They also offer to forgo three months of fees if you have an existing subscription, so they are able to save an additional $ 38.97.

The plan also offers a free Apple Fitness + subscription which I plan to use. This is a savings of $ 79.99 per year.

I recently discovered a sweat equity program that my health insurance plan offers as a way to encourage members to focus on their physical health. The program reimburses members $ 400 per year for taking 100 training classes during that time period. Since I already pay for a gym membership and workout four to six times a week, I would qualify for the full refund and could save that money every year.

3. Therapeutic sessions

Before I got married in 2021, I was paying around $ 500 a month for a high-deductible health insurance plan with little benefit since I was self-employed. So in 2019, when I decided to start seeing a therapist two or three times a month, my insurance plan didn’t cover the cost of those sessions and I had to pay $ 60 out of my own pocket for each session.

When I got into my husband’s health insurance, I didn’t check if mental health services were included. However, last month I checked and saw that my plan covers the cost of seeing a provider on the net, including my current therapist. This will now save me $ 180 per month.

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