MIBlueDaily
Dec. 27, 2025
For many people, figuring out what to spend money on is best approached with a plan of priorities.
When creating your budget, don’t only include standard expenses like gas and rent—also add a line for healthy living. If you forget to factor in the cost of health insurance or preventive care, you might not have the money when you need it or think of it as a cost you can skip, but you shouldn’t.
Not only does having insurance and getting preventive care protect your physical health, but it can actually save you money in the long-term: Staying on top of your health can help you avoid costs associated with emergencies or serious conditions that could have been easily dealt with if caught earlier. Here are a few tips for incorporating health care into your existing budget:
- Identify your health insurance costs: When creating your ideal health care budget, consider three different costs: fixed, routine and unexpected. Fixed costs are your monthly premium, routine costs are the anticipated amount you’ll pay for things like a monthly prescription and unexpected costs are unforeseen circumstances like emergency room visits.
- Use pre-tax dollars whenever you can: Health spending accounts (HSAs) and flexible spending accounts (FSAs) are also a great way to budget for your health costs. In both, you set money aside pre-tax to use for preventive and emergency care.