Will Health Insurance Give Me Discounts On Fitness Accessories?

Many people are unaware of the all the benefits that come with their various insurance policies. Some of the most commonly overlooked perks are those that come with a good health insurance policy. So what are some of the perks you should be on the lookout for? These are some of our favorites.

Gym Memberships
Many health insurance policies offer substantial discounts for gym memberships. The logic for this is pretty clear–healthy people are less likely to need expensive health-related claims, and regular gym use is one of the most effective ways to be a healthy human being.

Now, the amount of a discount varies greatly by provider and policy. Some will cover the total cost of your membership, while others will offer a substantial discount. However, many policies to restrict which gyms are eligible for this perk, so be sure to check with your provider before signing any gym contracts!

Smart Watches
Perhaps the most oft requested health insurance perk is a discount on smart watches. The logic for this is a bit more convoluted but is still strong. Since any smart watch worth its salt offers a slew of health-centric features like step counters, heart rate monitoring and sleep analysis, it stands to reason that a smart watch can provide data that will help a person live a more healthy lifestyle. Which is why many health insurance policies include a discount for them!

Of course, it is important to check with your provider to see if a discount is available to you, how much the discount is for and if there are any restrictions on what you can purchase. Most health insurance policies that do offer this perk tend to restrict it to Fitbits and Apple Watches. Since these can be incredibly expensive, even a small discount can go a long way! Be sure to check with your health insurance provider before making any big smart watch purchases.

Events/Races
Another commonly overlooked perk that is included in many health insurance policies is a discount or stipend for race/event fees. These usually include things like the Spartan Race, Tough Mudders or any local race that you want to compete in!

The logic behind this is pretty straight forward–if you are interested in physical competitions you are likely a fairly healthy person, which means you are less likely to need to file a health insurance claim! This enables insurance providers to offer perks like this, since it actually ends up saving them money in the long run.

Now, some insurers offer a percent discount off of race fees, while others have a set amount they offer to their clients each year. That means if you stay under the stipend, all of your race/event fees are totally covered!

If you are a regular tough mudder, or have any interest in trying some kind of organized race it is worth checking with your health insurance provider to see if any perk like this is available to you.

Magazines
While offering free or discounted subscription on fitness-focused magazines is not as prevalent a perk as the other ones we have talked about in this article, many insurers still do include it as part of their health insurance policies. It’s important to check with your provider before assuming a magazine will be covered since almost every insurer that offers this perk restricts it to a list of pre-approved magazines.

Your health insurance policy may include perks that you didn’t even know about! It’s worth reaching out to your provider to inquire about the perks available to you. After all, you are already paying for them!

If you have any health-insurance questions, or want are considering a new plan, we encourage you to reach out to the staff at TGS Insurance. They are friendly, informed and best of all always willing to help! Visit www.tgsinsurance.com to learn more.