What’s my out-of-pocket for this service?

Courtesy OutofPocket Blog  Tue, 04/21/2009 - 16:35

COPAYs, co-insurance, deductibles, list price, discounted price, contracted rate, negotiated price, cash price.  Do you know in advance what amount you will be charged for health care services?

If you have health insurance, your health plan has negotiated discounted rates with each of your providers in the health plans network.   These discounted rates are called “contracted rates.”   When you visit a provider in the network, and show them your insurance...


 

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