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What is a procedures negotiated price?

April 26, 2017negotiated price procedure

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What is a procedures negotiated price?

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The negotiated price is the amount that insurance companies typically pay for procedures. Insurance companies negotiate down prices for medical procedures, so the prices they pay for them are much lower than the ‘list price’ that would be charged to a patient without insurance. If you have insurance, you and your insurance company will be charged the “negotiated price” that your insurance company pays for the procedure, not the full list price.