Money-saving Tips

When it comes to purchasing products, we almost always look at the price tag. Yet with all the money we spend on health care—from premiums to prescriptions to doctor’s office visits—we rarely think about the price of these services. And as health care prices continue to rise, that ends up costing more for you and E*TRADE. Here are ways you can help control your health spending.

Use in-network providers

In-network providers have agreed to charge only up to negotiated rates and bill Aetna and/or MetLife directly, which saves you money and time. Also, check with Aetna and/or MetLife to ensure that the services required are covered before you receive care. When you use in-network providers, many preventive services are covered at 100% and are not subject to the annual deductible—these include annual physicals, immunizations, routine cancer screenings, oral examinations, dental cleanings, and more.

Keep up with preventive care

Preventive care can help detect and prevent costly health issues early.

Use tax-free money to pay for eligible health expenses

Contributing to a Health Savings Account (HSA) and/or Flexible Spending Account (FSA) is easy and saves you money on expenses you would have to pay anyway.

Shop smart for prescriptions

Using generic alternatives will almost always save you money—and they are just as effective as brand name prescriptions. It is also a good idea to call a few local pharmacies to compare prices before deciding where to fill a prescription. For your ongoing prescriptions, use the Home Delivery Pharmacy and the Maintenance Choice Program to save money and time. Visit Aetna.com and click “Manage Prescriptions” to understand potential cost savings.

Know your resources

The program offers valuable resources to help you improve your health, which could prevent the need for costly care, including the Informed Health Line, the Health Connection Disease Management Program, Beginning Right Maternity Program and more.

Ask ALEX

Ask ALEX! Use this interactive, online benefits counselor to help you choose the plans and programs that are right for you and your family.

You can also ask ALEX about your 401(k), to learn about contribution matching and retirement savings. Finally, you can ask ALEX for guidance if you're planning a Leave of Absence. Click here for the LOA feature.

Get care through Teladoc

If you are enrolled in one of the Aetna medical plans, you and your eligible family members have 24/7 access to board-certified physicians through convenient phone or video consults with Teladoc. Teladoc physicians can provide fast, convenient diagnosis, treatment, and services for general medical, dermatology, behavioral health, and caregiver needs, and it may cost less than going to a doctor! To enroll, visit the Teladoc site or call 1-855-835-2362. Click here to learn about all of the services Teladoc offers and how you can make an appointment.

Choose the right place to get care

Should you go to doctor’s office, urgent care facility, or emergency room? Going to the most appropriate place for your needs will save you time and money. Here are some basic guidelines:


Doctor's Office Urgent Care Clinic Emergency Room
Use it for...
A condition that doesn't need immediate attention and can wait until the next day.
Use it for...
A condition that needs immediate care but is not life- or limb-threatening.
Use it for...
A life-threatening or potentially crippling condition that needs immediate care.
Examples:
  • Sore throat, fever.
  • Routine exam, screening
  • Checkup, vaccination, prescription refill.
Examples:
  • Broken bone, severe sprain or strain.
  • Cut requiring stitches.
  • Anxiety attack.
Examples:
  • Sudden weakness, dizziness or loss of consciousness.
  • Uncontrollable bleeding.
  • Chest pain, difficulty breathing.
Average price: $
$0 (preventive);
$139 (nonpreventive)
Average price: $$
$182
Average price: $$$
$645 (minor);$2,419 (moderate); $5,176 (severe)

Average costs are from healthcareblueebook.com. Contact your health insurance plan for your specific costs.

Five tips to save money