Whether you spend a lot of time in the doctor’s office or just go in for the regular check ups, you want to keep track of when you go, where you go, and how much you pay. It might seem insignificant at the time but saving this paperwork may come in handy in the future. If you haven’t already, get a folder started and begin collecting any paperwork that you already have.
Some people pay enough in their medical expenses to be able to claim a deduction on their taxes. If you think that there is a chance that you will fall into this category you should be hanging on to every receipt. You can talk to an accountant about what counts towards this credit including hospital visits, prescriptions, and over the counter medications. When tax time comes, don’t forget to get out the “medical” folder.
If possible keep everything in order according to date. It might be easiest to place all of the new papers in the front of the folder. Face everything the same way. It takes just a second to put everything into the folder neatly and could end up saving you a lot of time if you ever need to start searching for something. If there are multiple papers and costs for one procedure or treatment you may want to group them together and staple them. For example if you get sick and see your doctor, he sends you to a specialist and then you get a prescription you can keep the documentation for these things all together.
Keep track of all correspondence with your doctor as well as your insurance company. When something comes in the mail that has to do with your medical treatment, save it and place it in the folder. Even if you already have the information, it can’t hurt to have an extra copy. If you spend time on the phone with the insurance company to find out if a procedure is covered, write a quick note about who you spoke to and the outcome. Add it to the folder.









