How
to Receive the Lowest Negotiated Prices
Though
hospitals rarely post their prices, when they do provide a price
it is a "list price" that virtually no one actually
pays. Third party administrators, HMOs, and large companies
routinely negotiate with hospitals in order to get the lowest
price available. When you have a high deductible, making
sure you are receiving the lowest negotiated price will save you
hundreds or thousands of dollars.
To
be sure we are getting the lowest negotiated medical pricing,
we use and recommend a service called Insnet. ColoHealth
clients use this service after they have already received their
PPO discounts, and routinely are able to reduce their bill even
further.
ColoHealth
Additional Benefit: Medical
Bill Review
ColoHealth
clients and visitors can join for no charge, and can submit any
medical bill over $200 for review. If Insnet can
save you money, they normally keep 35% of the savings as their
fee, but ColoHealth
clients only pay 30%. If they are not able to negotiate
any further discounts, there is no charge.
