Organization is a key factor in the event you have to document expenses for your health insurance carrier, or are involved with an IRS audit.

• Save all your receipts. Create a file or keep a large envelope for each plan year. Organize your receipts by those expenses which can be applied to your health insurance deductible, and those that are qualified expenses but are not accepted by your health insurance company
• Use a sheet of paper and make notes to help keep track of expenses that apply to your annual deductible
• Costs you incur for prescription drugs will apply to your deductible; be sure to keep track of these expenses also