According to the website, www.valuepenguin.com, “high-deductible health plans (HDHPs) were created for consumers to have a health insurance option with lower premiums and high deductibles. These plans can be linked to health savings accounts (HSAs) to pay for qualified medical expenses in a tax-advantaged way.” As we have made our way through the first two decades of the 21st century, these types of insurance plans have become more prevalent as employers shift more healthcare cost burden to employees.
Insurance plans with a high deductible usually mean lower premium payments for employees. However, according to Value Penguin, “these plans generally aren’t ideal for families or individuals with modest to high medical expenses, meaning there may be better options for consumers.”
Fifty-one percent of the workforce nationwide was enrolled in a high-deductible health plan in 2019 — the latest year for which data is available — the highest percentage over the past five years. Looking at a Southeastern United States state by state percentage comparison of enrolled workforce in HDHP in 2019 (the latest year for which insurance data is available):
- Texas: 59 percent
- Louisiana: 50 percent
- Mississippi: 35 percent
- Alabama: 43 percent
- Florida: 53 percent
More and more people have larger insurance deductibles and seek more affordable, less expensive healthcare services. This includes diagnostic imaging exams, such as CT and MRI scans, as well nuclear medicine and ultrasound studies. A high (or even exorbitant) out of pocket obligation may result in people taking the chance to forego their exams.
If you have a large insurance deductible, your best alternative for high-quality, lower patient cost alternative? Capitol Imaging Services!
Capitol Imaging Services affiliates often conduct the same common and specialty exams performed at hospitals and medical centers at a lower overall cost, resulting in lower overall charges patients may have to pay. Our independent radiology practices not only perform the scan, we provide the important radiology expertise to review test images and issue critical findings to physicians and other health care providers.
Capitol Imaging Services also uses global billing in our practice. This simply means it is one fee for everything we do for an imaging exam. Hospitals and medical centers often charge separately for the scan and for the radiology interpretation. That often adds expense to your healthcare service.
Know before you go! Use our price estimate tool to receive a good faith price quote of what you can expect to pay, if anything, as a result of your imaging exam. Then, compare to local hospitals and medical centers. We believe you will be pleasantly surprised to see that the clear financial and quality choice for your scan is Capitol Imaging Services.
Capitol Imaging Services is doctor trusted and patient preferred.