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

thyroid marker