Diagnostic tests such as X-rays, CT scans, and MRIs can be very expensive if you don’t have insurance. In fact, they can be expensive even if you DO have insurance, depending on your policy’s deductibles and co-pays. Most people don’t realize that the fees for these procedures can vary tremendously, depending on where they are performed. Many people use hospitals … 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
Three large insurers join forces for health care price transparency
UnitedHealth Group (UNH) Inc., the largest U.S. health insurer, will lead an industry effort to throw a spotlight on the prices paid for health-care services, making their costs available to consumers on the Internet. The effort, organized by a nonprofit called the Health Care Cost Institute, builds on steps the Obama administration has taken to shed light on prices charged … Read More
Five unpleasant ways employers are cutting back on healthcare costs
The Affordable Care Act, perhaps better known as Obamacare, set in motion a series of changes that are drastically altering the health-services landscape. The law itself was designed for a few purposes. Primarily, it was enacted in order to reduce the amount of uninsured citizens in this country, and to help spread the cost of medical care across a greater … Read More
What questions should you ask when evaluating health insurance plans?
Soon, if not already, many of you will be selecting your health insurance choice for 2015, a choice that impacts yourself as well as anyone else that will be included in the insurance plan. Insurance can be confusing no doubt about it. But DIs shares a short video that outlines five recommended questions to ask when evaluating plans. The future … Read More