11 Tax-Smart Ways to Cut Your Health Costs

Now that health care policies are legally required to cover certain services, insurers are intensifying efforts to rein in costs by shifting more of the burden to you.

Pediatrician checking little girl throat
(Image credit: Thinkstock)

Now that health care policies are legally required to cover certain services, insurers are intensifying efforts to rein in costs by shifting more of the burden to you. In addition to boosting deductibles, they are increasing cost-sharing for doctors' visits, drugs and procedures, and switching from fixed-dollar co-payments to coinsurance, which is based on the cost of care.

Stretch your health care dollars with tax credits, expanded savings programs, and new tools and benefits. Consider these 11 tax-smart ways to save on your care.

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Kimberly Lankford
Contributing Editor, Kiplinger's Personal Finance

As the "Ask Kim" columnist for Kiplinger's Personal Finance, Lankford receives hundreds of personal finance questions from readers every month. She is the author of Rescue Your Financial Life (McGraw-Hill, 2003), The Insurance Maze: How You Can Save Money on Insurance -- and Still Get the Coverage You Need (Kaplan, 2006), Kiplinger's Ask Kim for Money Smart Solutions (Kaplan, 2007) and The Kiplinger/BBB Personal Finance Guide for Military Families. She is frequently featured as a financial expert on television and radio, including NBC's Today Show, CNN, CNBC and National Public Radio.