In a survey released in early 2018, only 37% of Americans said they would be able to pay for an unexpected $500-$1000 cost. 63% of respondents said they would need to resort to measures such as cutting back other spending, using a credit card, or borrowing money from friends or family in the event of a costly emergency. We have been writing for years on our position that people should not have to decide between health care or groceries or skipping prescriptions. There are ways to build a health spending plan to ensure you are financially able to pay for medical expenses, no matter when they arise.

There are a number of savings options available that can help make the most of income. Health savings accounts (HSAs) or Flexible spending accounts (FSAs) deposits are often made pre-tax through the employer, and can be spent tax-free on qualified medical expenses. FSAs and HSAs both allow people to save money in tax-advantage accounts, but there are key differences:

FSAs can be used with any type or no insurance; HSAs can only be used/contributed to in conjunction with a high-deductible health plan.

Money in FSAs not

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Needymeds exists to help you get healthcare costs under control. We know you need additional resources to make sense of healthcare —  that’s the whole point of the NeedyMeds Voice.

But what we don’t always talk about is the importance of finding your own voice. Do you ever find yourself with lingering questions? Do you ever have trouble holding yourself accountable? Do you ever fail to speak up?

We recently discovered a resource that supports individuals on a one-on-one basis, where a health coach comes right alongside you to keep you motivated and get your questions answered in your day-to-day life. It’s called Pack Health, and it’s a digital coaching service. This means they can reach you wherever you are and on your schedule – on the phone, online, or both.

These people get what you’re going through, and they’ll help you with everything from exercise and nutrition to budgeting and logistics. You set the goal, they’ll help you get there. It’s that simple.

We reached out, and they’ve opened up a special opportunity for our community. We were able to reserve 100 free spots for members

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