Any suggestions on how to allocate envelope amounts for Rx and medical expenses that will be much higher before deductibles are met?
For example my yearly Rx out of pocket expense will be about $2500. In January I will pay $487. From February through June I will pay $221 each of those months. For July through December I will pay $175 each of those months.
Similarly my medical expenses will change every month and it is kind of hard to predict how much each month. I know that my yearly out of pocket amount is $2380. Should I set this up as a yearly expense and if I don’t use the entire $198 monthly allocation, keep adding money each month until I have reached $2380?