When medical bills hurt your credit

You may not know about health care bills sent to collections, but they can really hit your credit scores. Capitol Imaging Services shares an article about advice on how to protect yourself and your credit. Click here to learn more. At Capitol Imaging Services, you can identify any potential fees that you may incur as a result of an imaging … Read More

Insurance deductible, coinsurance, and copay: know the differences

Many people are confused about the differences between an insurance deductible, co-pay and coinsurance. In short, all three represent the portion of the medical bill that you are responsible for in case you get sick or injured. Another term used is out-of-pocket expense. However, there are some very unique differences between each one. Deductible An insurance deductible is usually a … Read More

Your health insurance benefits: things you should know to save money

IF YOUR EXAM IS COVERED BY PRIVATE INSURANCE: To control costs, your insurer negotiates with imaging providers on your behalf for a “contracted rate.” The contracted rate is the maximum amount that an imaging provider can collect for a covered service, and is usually less than the standard charge. What is not widely known is that the contracted rate is … Read More

Employer health plan deductibles see big 5-year jump

DIS shares a USA Today news story from September on a report that indicates health insurance deductibles taking a huge jump as we head into 2015. Premiums for employer-paid insurance are up 3% this year, but deductibles are up nearly 50% since 2009, the report by the Kaiser Family Foundation shows. The average deductible this year is $1,217, up from … Read More

Ways to cut your healthcare costs

Kiplinger shares ways that everyone can save on healthcare costs. No matter how you get your insurance — through your employer, from a state exchange, from an agent or directly from an insurance company — you’re paying a bigger share of your health-care costs than you used to. Higher premiums are only part of the picture. Deductibles are rising, provider … Read More

High health plan deductibles weigh down more employees

Diagnostic Imaging Services shares a news story about the continuing rise in popularity of high deductible health insurance plans. As quoted in the story, “You can’t sugarcoat this. This is a more challenging situation for consumers and it’s a reflection of how difficult it is to afford health care.” Next year, nearly a third of large employers will offer only high-deductible … Read More

Sticker shock! Hospital versus independent facility…

Diagnostic Imaging Services shares a news report that aired on the ABC Evening News on Monday, December 2, 2013. This report investigates the reasons or rationale for the discrepancy in price between an independent facility and a hospital facility regarding blood tests. Unfortunately, the woman who had the tests received the “sticker shock” AFTER getting the bill. The hospital facility … Read More