When our model hits home–the proof is in the pudding.

 

pudding

Pudding Proof

I recently had the opportunity to experience the pitfalls of my own commercial health
insurance.  I tell patients all the time “the proof is in the pudding.”  Well it was my turn to see how this pudding really was in the health insurance world.

 

 

Recurrent Streprapid_strep_pos

This past fall my daughter was hit with yet another bout of strep throat.  She has fought it throughout her young life.  At the age of seven I made the call to consult with one of my favorite ENT docs.  It was an easy decision that she would do better if we proceeded with tonsillectomy and adenoidectomy.

 

High-Deductible-Health-Plan-paired-with-a-Health-Savings-AccountHigh Deductible

I, like so many of my patients, have a high deductible plan that I have married with an HSA(Health Savings Account).  I knew the bulk if not all of the cost of the procedure would be my responsibility.  I did not hesitate to ask for cash pricing.

Insurance Negotiated Pricing vs Cash Pricing

Pricing for any surgical procedure needs to include the following fees:

  1.  Surgeon’s Fee
  2.  Anesthesiologist’s Fee
  3.  Surgical Facility’s Fee

INSURANCE NEGOTIATED PRICING:  

Surgeon $372.51
Anesthesiologist + Facility $2624.00
Total Cost $2996.51

CASH PRICING: 

Surgeon $402.50
Anesthesiologist $578.00
Facility $879.83
Total Cost $1860.33

FINAL PRICING AND SAVINGS:

I was actually able to pay the insurance negotiated pricing for the surgeon and the cash pricing for the anesthesiologist and the facility.  My final pricing was $1830.34 for the entire procedure.  And there lies the proof in the pudding:

Almost $1200 in Savings

Happy Healthy Kid at Great Cost Savings by Paying Cash

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Bear was Free!

Ann Riggs, DO

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Patient-Driven Affordable Healthcare