Feeling Overwhelmed by Healthcare Bills? You’re Not Alone

According to a recent Instamed survey, 93% of consumers prefer paying their healthcare bill online. Unfortunately, 42% of consumers experience confusion when paying their providers. To help more consumers pay their healthcare bills online, there’s a clear need for more transparency and convenience, particularly as rules and laws surrounding healthcare change.

Here are some key tips to keep in mind during this time of healthcare flux:

  1. Costs are escalating, so it’s a good idea to see if a health savings account is right for you.
    From 2010 to 2015, employees’ healthcare costs escalated by 43%. Now, with the beginning of the new Trump administration and his vision to repeal Obamacare, it’s unclear what exactly is around the corner for healthcare. With nearly 65 million people using health savings account plans, this tool is a great way for consumers to get more out of their healthcare dollars.
  2. Keep track of every claim, expense, and healthcare payment receipt.
    In 2017 the out-of-pocket limit will never exceed $7,150 for an individual, or $14,300 for a family. Out-of-pocket expenses include deductibles, co-pays and other charges, excluding premiums. After reaching the out-of-pocket maximum, insurance companies cover the balance of items included within the coverage. If you pay something by mistake, the insurance company will reimburse you for the remainder of the year. As a result, keeping track of every claim, expense, payment receipt, and use of funds from as HSA account, is absolutely crucial.
  3. As healthcare laws change with the new administration, it’s important to stay informed.Consumers need to stay on top of healthcare rule changes; and, perhaps more importantly, track claims and use HSA money for eligible medical expenses. HSAs are lifelong accounts. As regulations change, HSAs may become part of an estate that can be handed down to family members. This additional factor makes it important to find an easy way to manage your HSAs.
  4. Get help interpreting what each insurance claim means.
    It is often confusing for consumers to determine when it’s appropriate to withdraw funds from their HSAs. Additionally, it can be complex for consumers to interpret what each claim means and which portion – if any – can be covered by their HSAs. More than 54% of consumers feel perplexed interpreting their medical bills, according to the Consumer Financial Protection Bureau. A solution that offers clarity, convenience and an easy-to-use interface is essential. HealthExpense provides just that: it’s a user-friendly, straightforward electronic solution.

HealthExpense is not limited to any particular insurance carrier, employer, or administrator. It allows consumers to view their statements, make payments, and track their changes. Consumers can easily see an integrated view of every bill, claim, and reimbursement – all accessible with a click.

If you feel the burden of managing your healthcare bills, reimbursements, and tracking your HSA, get ready to experience simplicity. Visit us at

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