JOIN LOCATIONS CAREERS CONTACT ESPAÑOL SEARCH ONLINE BANKING Open Mobile Menu Health Related Expenses THINK OF IT AS CHICKEN NOODLE SOUP FOR YOUR BUDGET No matter how healthy your lifestyle is, everyone has to deal with health issues from time to time. Setting money aside specifically for health related expenses is a good way to be prepared for everything from the flu to a broken bone or unexpected diagnosis. Even if you have insurance, deductibles and co-pays can quickly become a burden to your budget. And if you have a pet or a family, the likelihood of having health related expenses goes up considerably. Since health issues can take you by surprise, you’ll want to choose an account that offers flexible access like a health savings account (HSA). If you don’t qualify for an HSA, a money market account is a good alternative to consider because it gives you flexible access while helping your savings grow risk-free. How Much Should I Save? If you have an HSA, there are limits on what you can contribute each year. If you don’t qualify for an HSA, it’s a good idea to think through how much you might need per year. You can do this by considering your health plan’s annual out-of-pocket maximum and adding to that for any known costs or planned health expenses. When looking at deductibles, remember to look at all the different types of coverage you have (health, vision, dental, pet). 3 Things to Consider Your lifestyle and family history. The amount of your deductibles. Your monthly budget. Calculators Saving for life’s “what ifs” Save or pay off debt? Calculate your spare change Household cash flow tracker Compounding interest calculator Watch & Learn You May Also Want to Consider Health Savings Accounts Stay ahead of current and future medical expenses Learn More Budgeting & Saving Learn how you can take control of your money each month Learn More Money Market Accounts Earn best-in-market rates with flexible access to your money Learn More Personal Loans Small projects or big dreams–we’ve got you covered. Learn More Insurance Quality, affordable protection for the things you value Learn More Routing Number: 273974581 800-373-7600 P.O. Box 179 Dubuque, IA 52004-0179 Dupaco Community Credit Union © 2021 facebook twitter youtube instagram pinterest linkedin Privacy Policy | All Disclosures | Do Not Sell My Personal Information