Insurance cost of labs $805, my cost $54
Why Is the Cost of Labs So High?
When the largest portion of all bankruptcies in the United States comes from outstanding medical bills, you know there is a problem inherent in the system.
One great example of this is the cost of labs. I would like to give you a solution to lowering the cost of your labs.
Looking at one of my own invoices for the cost of labs I had done with Quest Diagnostics (one of the largest diagnostics companies in the nation), you can see I had a wide range of tests done. The total cost came to $1,586.17, and that was just from the first page of the invoice.
Breaking it Down
Back in 2013, when this invoice was sent to me, the first test (Thyroxine) cost me $140.61.
Now it costs me $8. How?
Since then I have begun working with a co-op of medical professionals who are trying to drive the cost down. To make that happen, I do not upcharge for labs. Instead, I only charge patients for whatever the lab costs me as the medical professional.
That comes out to $8.
Similarly, I am now able to get the cost of a $48 down to $5, and a $125 test down to the cost of a Starbucks order.
LOOK AT THE UPCHARGE ON LABS
Insurance cost $47~ MY COST $5
Insurance cost $125~ MY COST $6
Insurance cost $232~ MY COST $18
Insurance cost $217~ MY COST $10
Insurance cost $44~ MY COST $7
checks basics minerals
Why Does This Happen?
In short, i