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New Websites Put Hospital Prices at Your Fingertips
Our healthcare system’s refusal to provide prices upfront has been one of its most infuriating characteristics. But things are changing. Try the Billy WebApp
Billy is a consumer website that promises to “eat your medical bills” by putting hospital prices at your fingertips. Billy is a resource where you can look up prices by CPT or DRG code and see the service cost at nearby hospitals. The site is great for anyone. But you’ll especially want to pay attention if you’re uninsured, on a high deductible health plan, or part of a health sharing plan. The price look-up tool can help you shop before you undergo care to make sure you get a fair price. It can also be helpful after you have received care and to ensure billing is correct.
Marshall Allen explains the need for this in detail in Never Pay the First Bill. Get your copy on Amazon.
Marshal explains that our healthcare system has been using hidden pricing to make people overpay. And in many cases, insured patients are paying more than cash-paying patients. Think your big insurance company is looking out for you by getting you the best prices? Think again.