This is a Sponsored post written by me on behalf of Walgreens for SocialSpark. All opinions are 100% mine.
Medical Expenses are Hard to Plan For
Medical expenses can be one of the biggest budget-busters in your family’s spending . It’s hard to plan for your medical expenses, since your medical needs are usually so unpredictable. Kids get sick, and accidents happen. One big illness or injury can take a big bite out of your income – but there are a few things that you can do to be better prepared!
Start a Monthly Savings Account
If you kept good records last year, you can add up what you spent on medical expenses last year to get a better idea of what you should save. Add it all up for the year, divide by 12, and make it a goal to save that much in a special account each month, so you know that you’re pretty well prepared for any emergency that comes up. If you aren’t able to look at last years spending, it’ll be a little bit tougher – But try to estimate how many times the kids usually go to the doctor over the course of a year, add up copays, add extra for an emergency room trip or two {with kids, it happens!} – and base your saving plan on that. It’s not perfect, but it’s a great start!
Walgreens Prescription Savings Club
Appointments with your family doctor and emergency room visits aren’t your only medical expense – Prescriptions can also be a HUGE spending category! One way to help save money on prescriptions is to check out Walgreens Prescription Savings Club. Here are a few of the ways that it can help your family:
- A full year Family Membership is only $35, and covers everyone in your immediate family – Spouse, dependents 22 and younger, and even your pets!
- Have dependents over 22? It’s only $20 for an individual membership.
- Savings on over 8,000 brand-name medications, and all generics.
- Discounts on flu shots, pet prescriptions, nebulizers, and diabetic supplies.
- Bonuses when you purchase Walgreens brand products and photofinishing services.
How do YOU plan for Medical Expenses?
A sick kiddo can totally throw you off schedule – Both in your budget, and in your daily schedule. You might have to take a day or two off of work, get meds, maybe visit your family doctor. How do you prepare and plan for this type of challenge? I’d love to hear your tips too – Please share your best “Busy Mom Solution” tip in the comments.
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We have military insurance so this is less of a problem for us. But it is hard scheduling and getting things figured out. Our daughter is young so when she gets sick it gets hard getting her in fast. Ugh insurance and doctors is such a pain regardless.