How to Negotiate Healthcare Bills


Tests tell the tale of what’s going on with your body and are often essential for making a diagnosis. But imaging tests like MRIs and CT scans can be pricey. For instance, in 2022, the average cost of an MRI was nearly $2,000, the average CT scan was nearly $1,500, and a standard X-ray was nearly $300, according to the Health Care Cost Institute.

While insurance typically covers a significant portion of these tests, it’s still possible to negotiate lower prices. Research the average costs of the tests your doctor wants you to have, shop around, and get several price quotes. You can also take advantage of online comparison tools such as Valenz Bluebook and Hospital Cost Compare, which provide information about the cost of tests and procedures at different locations.

Another helpful site is Turquoise Health, which allows you to look up the total cost of care for common services at providers in your area. After inputting your insurance information, you’ll get an estimate of your out-of-pocket expenses.

Insurers, like Aetna and UnitedHealthcare, are also required to provide pricing information. Find out if the cheaper options are available through your insurance, and ask your doctor to send you to those providers. You can also ask your insurer if they can negotiate a lower price for a test with their providers.

If you’re uninsured or aren’t using insurance, request a good faith estimate from your provider, so that you’ll know what to expect and where to start your negotiation price.

And don’t be shy about asking your doctor if there are tests that could provide essential information at a price that better fits your budget.

The facility where you get your test done can influence the cost as well. “Visiting a freestanding imaging center can be cheaper than similar services at a hospital,” says Ariela Simerman, the vice president of product at Turquoise Health.

Finally, always check with your insurance company to find out if any of the tests or procedures you may need require prior authorization. Getting authorization beforehand can help prevent an unexpected bill if your insurer requires it for coverage.



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top