Top secret no longer: What insurers pay, and what it means for you

Filed Under: Costs, Health plans, Patients

Top secret no longer: What insurers pay, and what it means for you

One of the biggest secrets in health care is the rates that insurance companies pay providers. One insurer might pay one provider $2,400 for an MRI and a different provider $400 — in the same locale and for the same MRI. But we rarely see documentation of that, because the rates are kept secret. So […]

North Carolina Blue Cross releases reimbursement rates. Will others follow suit?

North Carolina Blue Cross releases reimbursement rates. Will others follow suit?

Summary: North Carolina Blue Cross took a startling step about a week ago: It released in consumer-friendly form a tool specifying what it pays to providers across the state for different common procedures under contractual agreements. Why is this important? Well, common practice in the health care market is for insurance companies to keep these […]