How much does student health insurance cost? From $0 to $5,592

Filed Under: Costs

How much does student health insurance cost? From $0 to $5,592

The cost for Stanford University’s student insurance policy rose this year to $5,592. (Image by Victor Gane licensed under Creative Commons.)   Student health insurance costs anywhere from $0 to north of $5,000 a year. Which end of the range you get has a lot to do with what your kid’s school requires for coverage. […]

Behind the scenes at a health insurer: How the money is made, or why the Medical Loss Ratio matters

Behind the scenes at a health insurer: How the money is made, or why the Medical Loss Ratio matters

A contributor to one of my online communities, Scott Haas, wrote this to the group the other day in the context of what happens behind the scenes in health insurance. His note primarily concerns the Medical Loss Ratio formula and the way it was changed by the Affordable Care Act — and the role of […]

How much does a hip replacement cost, $95,459 or $77,967? Or, why does the insurance company pay more than the bill?

Filed Under: Costs, Health plans, Patients

How much does a hip replacement cost, $95,459 or $77,967? Or, why does the insurance company pay more than the bill?

How much does a hip replacement cost, $95,459.83 or $77,967? Or $63,604? A friend had a hip replacement recently, and she sent over her bill. What’s interesting to us is, among other things, the Hospital for Special Surgery bill and the Cigna bill don’t add up. Cigna reports that it was billed $95,459.83; HSS reports […]

How much do blood tests cost? Or, how to argue a bill for a $3,000-plus trip to the doctor.

Filed Under: Costs, Health plans, Patients

How much do blood tests cost? Or, how to argue a bill for a $3,000-plus trip to the doctor.

It was one of those shares that seemed hard to believe. The charge for the blood tests at University of North Carolina Hospitals was $2,378, and the person who shared was asked to pay $1,474.92. Cigna, the insurer, paid nothing. The comment: “The UNC facility in question notably distinguished by Cigna as meeting certain quality […]

How much does IVIG (IV Immunoglobulin) cost? Or, no wonder healthcare is so expensive: Morgan Gleason

How much does IVIG (IV Immunoglobulin) cost? Or, no wonder healthcare is so expensive: Morgan Gleason

By Morgan Gleason I am thinking that we might really need to just burn the healthcare system to the ground and completely start over. Although I am pretty experienced with healthcare, the financial piece is one that I haven’t really been as involved in since I am still on my parents’ insurance and they pay […]

Hey, Humana! Can we help you figure out how much an X-ray costs?

Hey, Humana! Can we help you figure out how much an X-ray costs?

Humana, the big health insurer, came visiting the other day to ask ClearHealthCosts how much an X-ray costs. They spent 8 minutes and 46 seconds reading this blog post. You can see on the screenshot here of our analytics program. Interestingly, they came to us via the sketchy informationvine.com search. They came lots of other […]

How Health Insurance Companies Keep Your Premiums High: Guest post

Filed Under: Costs, Health plans, Patients

How Health Insurance Companies Keep Your Premiums High: Guest post

  GUEST POST SUMMARY: Many insurance plans make you go to an approved doctor at an approved hospital for approved procedures and take approved drugs. Even doctors often don’t have much say in this. We hand all this control to insurance companies and they use it, they say, to control their own costs. Is that all […]