Wall Street Apes@WallStreetApes
It’s not a ‘conspiracy theory,’ this is directly from an American Doctor. He says it’s almost always CHEAPER to not use your health insurance
He says insurance charges $2,000 for 1 image, cash price is 2 for $300, he says it’s like this for all imaging. “Guys, cash is king. So anytime you get any imaging ordered by a provider, whether that's an ultrasound, echocardiogram, MRI, CAT scan, etc. Always try to determine the cash pay of what that would cost prior to using insurance. It's often much, much cheaper.”
Here's an example script that I provide for patients prior to doing for that.
So when you call up an imaging center, these are four questions that you're going to ask
- Number one, what is your cash or self pay price for blank?
- Number two, does that price include the radiologist interpretation and report?
- Number three, are there any additional facility or technical fees I should know about?
- Number four, do you offer any discounts for paying up front?
So when you do this, always do this before opting to use insurance. Once insurance is billed, you can't go back and you know, in hindsight and pay cash.
I recently had a patient who, you know, got an echocardiogram done opted to go through insurance and end up costing about $2,000. Had they decided to use cash pay, it probably would have been 2 to $300. So this may save a few bucks.”
