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by adrr 2899 days ago
Is it a secret? I get letters from my insurance company about how much they paid for medical treatment and even the provider sends me invoices with how much insurance paid. Last one was for blood tests were the provider(think was labcorp) charged $200 for a test and insurance paid $20.
1 comments

Good point. Prices for each CPT code accepted by by insurance company are kept secret, and the chargemaster published by a hospital is so inflated it's basically useless. For some diagnostic tests, it's pretty straightforward to understand, but for others like an ER bill where there can be dozens of claim lines and codes, it can be really hard to understand and the patient is relatively powerless to do anything about it after the fact.