How Can Nurses Help Patients Manage Out-of-Pocket Costs?
Nurses can assist patients in managing their out-of-pocket costs through several strategies:
- Health Savings Accounts (HSAs): Nurses can inform patients about HSAs, which allow pre-tax income to be saved and used for qualifying medical expenses, thereby reducing the financial burden.
- Cost Transparency: Providing patients with information about the costs of procedures and medications helps them make informed decisions about their care options.
- Alternative Therapies: Nurses can suggest cost-effective alternatives, such as generic medications or home-based care practices, to reduce expenses.
