- Joined
- Nov 5, 2009
- Messages
- 14,265
- Reason
- Lost a loved one
- Diagnosis
- 00/0000
- Country
- US
- State
- WA
- City
- Seattle
The billed charges shown are not retail. They have already been negotiated with the payor and are on a price list. That is why the "discount" [adjustment] shown is so small -- it is like a rounding error.
The list price or Chargemaster off which the insurance contract prices are negotiated (which is typically 200-400% of actual acquisition costs) will never be on your bill. There are currently new federal regulations that require "revealing" it but there is really no point since it is only used as a starting point. It is like sticker price.
The list price or Chargemaster off which the insurance contract prices are negotiated (which is typically 200-400% of actual acquisition costs) will never be on your bill. There are currently new federal regulations that require "revealing" it but there is really no point since it is only used as a starting point. It is like sticker price.