With high deductible medical insurance we’re paying a lot more for services out of our own pocket. It has been notoriously difficult to find the prices of medical procedures so I thought I would start a thread on resources for finding these prices. Obviously you’re not going to price shop in an emergency but many times you do have time to shop around and you can save a lot of money.
Harry Sitt over at the finance buff blog has an interesting example of how he saved $500 for about 15 minutes of work comparing prices for MRI scans using a tool he found on his Medical Insurance web site.
Recently I was price shopping for Medigap insurance policies. My home state California has something called the birthday rule that allows you to switch policies every year for the month following your birthday without going through medical underwriting. I found that the California Dept of Insurance has a web page where you enter your zip code and it gives you the prices for all types of Medigap policies for insurers that offer it in your zip code. With this tool I was able to save $20.00 a month or $240 a year. Since these policies are highly regulated by Medicare I think that they’re pretty much interchangeable.
So what tools web or websites have you been able to find that help you get prices for medical procedures? Unfortunately some of these resources may only be local but at least they will give us an idea of where to start.