End-of-Year Insurance Benefits: Use Them Before You Lose Them

Why End-of-Year Insurance Benefits Matter

Many health insurance plans reset on December 31. That means unused benefits like preventive visits, screenings, or flexible spending account (FSA) funds—may be lost if not used in time. Scheduling care before year-end helps you protect your health and avoid unnecessary out-of-pocket costs.

Common Insurance Benefits That Reset Each Year

1. Annual Physical Exams

Most insurance plans cover one preventive visit per year at no cost. If you haven’t scheduled your physical yet, now is the time.

2. Preventive Screenings

Depending on your age and health history, insurance often covers:

• Blood pressure checks

• Cholesterol testing

• Diabetes screening

• Cancer screenings (colon, breast, prostate)

Using these benefits early helps catch potential health issues sooner.

3. Vaccines and Immunizations

Flu shots and other recommended vaccines are often covered in full before the year ends.

4. Lab Work and Diagnostic Tests

Insurance plans may cover routine labs annually. If your provider recommended blood work earlier this year, schedule it before your benefits reset.

5. Flexible Spending Account (FSA) Funds

FSA dollars are typically use-it-or-lose-it. Eligible expenses may include:

• Copays

• Lab tests

• Prescriptions

• Preventive visits

Check your plan rules before December 31.

How to Maximize Your Insurance Before Year-End

• Review your insurance summary of benefits

• Schedule overdue appointments early

• Ask your provider about recommended screenings

• Use FSA or HSA funds wisely

• Confirm coverage with your insurer

Being proactive now helps you avoid rushing in December.

Why Preventive Care Saves You Money

Preventive care reduces long-term costs by identifying issues before they become serious. Regular checkups can prevent emergency visits, hospital stays, and costly treatments later.

Schedule Before the Year Ends

End-of-year appointments fill quickly. If you’ve been postponing care, now is the time to act.

For help using your insurance benefits before they reset, please contact Family Health Practice in Silver Spring, MD.

FAQs: End-of-Year Insurance Benefits

What insurance benefits reset at the end of the year?

Annual physicals, preventive screenings, deductibles, and some FSA funds typically reset on December 31.

Are preventive visits really covered by insurance?

Yes. Most plans cover preventive visits at no cost, but coverage varies by plan.

What happens if I don’t use my FSA funds?

Unused FSA funds may expire, depending on your plan rules.

Should I schedule care even if I feel healthy?

Yes. Preventive care is designed to keep you healthy and detect problems early.