Avoiding a High Hospital List Price

by Rachel Baker on August 25, 2013

Jeff Singer at the Wall Street Journal wrote an extremely informative article about a patient he had
whom he was able to help avoid the high hospital list price that comes with having health insurance.

Most people are unaware that if they don’t use insurance, they can negotiate upfront cash prices with hospitals and providers substantially below the “list” price. Doctors are happy to do this. We get paid promptly, without paying office staff to wade through the insurance-payment morass.

So we canceled the surgery and started the scheduling process all over again, this time classifying my patient as a “self-pay” (or uninsured) patient. I quoted him a reasonable upfront cash price, as did the anesthesiologist. We contacted a different hospital and they quoted him a reasonable upfront cash price for the outpatient surgical/nursing services. He underwent his operation the very next day, with a total bill of just a little over $3,000, including doctor and hospital fees. He ended up saving $17,000 by not using insurance

http://online.wsj.com/article/SB10001424127887324139404579017113415486176.html?curator=MediaREDEF&mod=rss_opinion_main

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