How much does a brain MRI cost, or the triple whammy: Co-insurance, high deductible and a sick kid

Filed Under: Costs, Health plans, Patients

How much does a brain MRI cost, or the triple whammy: Co-insurance, high deductible and a sick kid

The community member’s report was enough to make you cry. The biggest problem that leaped out at us: A 50 percent co-insurance stipulation in her insurance plan. For an MRI of the brain with and without dye, CPT code 70553, at Virtua Voorhees, these were the prices: CHARGED: 9973.43 INSURED: 2460.0 PAID: 2460.0 Her comment: […]

Who gets paid what: The ABC’s of health care pricing

Filed Under: Costs, Health plans, Patients

Who gets paid what: The ABC’s of health care pricing

Pricing is byzantine in the U.S. health care system. For any given procedure or item at any given hospital or clinic, there may be a dozen prices or more. Why? We have what’s called a third-party payer system — many bills are paid not by the patient (the recipient of the service or medication) but […]