Thursday, July 02, 2009

THE PRICE OF HEALTH CARE SERVICES

This site is about health care pricing. There is no single price for a health care service. The price will vary considerably depending upon who is paying for the service and where the service is obtained. Different insurers may pay different amounts to the same hospital and the same physicians for the same procedure depending on their negotiated discounts. Similarly, governmental payers (e.g., Medicare and Medicaid) and the uninsured also pay different amounts for the same service. In addition, the amount paid for a particular service will differ depending on which hospital or physician is performing the services. There is no single cost for a health care service. The amount paid for a health care service will vary based on who performs the service, where it is performed, and who pays the bill.

Median Charge and Reimbursement Amounts for All Services By Health Plan

The HealthCost website shows you the price of health care services for insured and uninsured patients. Insurance carriers pay a negotiated price for health care services that are discounted.

To better explain this, the chart on this page compares the median reimbursement for all insurance carriers in New Hampshire for all services. There is considerable variation in what each insurance carrier pays for services.