Patient Benefits of Joining CPMD

When you receive medical care, the doctor will typically initiate a complicated billing process that extends from them to your insurance, back again to the practice, and finally to you. Deductibles, co-pays, as well as co-insurance, are all considered along the way. Most parties involved will have to learn what the patient’s and insurance’s ultimate financial obligations will be. This entire process typically takes months and significantly contributes to the rise in healthcare costs.

We are here to help you.

“Stop dealing with the hassle and being UNSURE about what you INSURE. Sign up for Cash Price MD and save time and money today!”

Cash Price MD is here to help you pay for medical care ahead of time and at a lower cost. Many hospitals, practices, and doctors are willing to accept a lower fee if the patient spends in cash because the money arrives immediately, and there is no time-consuming paperwork or multi-party adjustment.

We have you covered whether you are fully insured, underinsured, or uninsured! All prices on our marketplace are in cash, allowing providers to tailor their services and procedures while setting their fair market price. Avoiding the hassle of medical billing and insurance denials saves providers time and money, which they are willing to pass on to you. Hello, and welcome to the future of healthcare.

Behind the Rise of Self-Pay

High-deductible health plans significantly motivate patients to pay cash for care. In 2020, nearly a third of covered workers had High Deductible Health Plans with deductibles of $2k or more, up from only 7% when analyzed in 2009. The average median Affordable Care Act plan deductibles are even worse, reaching almost $3,500 in 2021. Because many of these patients will not meet their deductibles, it may be more affordable and more accessible for them to pay cash to their providers for care. Cash prices are frequently lower than their insurance company’s negotiated rates.

Furthermore, a new breed of self-funded employers encourages employees to seek care from high-quality, fixed-price providers, even for surgeries. Yet another driver is the rise of gig workers, who frequently lack traditional insurance but have plenty of disposable income to pay for care. Finally, innovative insurance players based on a self-pay model are driving demand. For example, our company, Cash Price MD, provides a cash pay option while leveraging trust and efficiency.

How does self-pay typically work?

Self-pay patients pay their bills directly, without private insurance. Self-payment lets patients pay only for necessary care. Self-pay sets a precedent for informing patients of financial responsibility before treatment.

What is Self-Pay?

Self-pay is complicated. We simplify self-pay.

Compare prices and do research. First, determine the procedure’s in-network cost. Use online tools or call an insurer (keeping in mind that costs fluctuate and may not precisely match your quote). This step is crucial because prices vary by provider or region.

Request providers’ cash prices. Some providers may need to make estimated costs easier to find. Be persistent and always remember that you’re entitled to this information. Since 2021, providers are required to provide cash price information while on a visit, even if the patient is insured.

Ask for a cash discount if the insurer’s price is higher. Many providers will comply if asked. Some transparent providers make this information upfront or advertise discounts. Other hospitals’ websites have price estimators.

Compare local competitors if you choose out-of-network cash prices. Once patients aren’t limited to in-network doctors, they have more options.

How does self-pay work with Cash Price MD?

  • Feel free to look through our catalog of services, procedures, and Providers at no cost and with no obligations attached to you in any way.
  • If you come across a product or service you are interested in purchasing; you must create an account. This will only take a minute of your time, and there will be no charge.
  • After setting up your account, you can immediately begin shopping and purchasing on the marketplace.
  • After adding the desired service to your shopping cart, proceed to the secure checkout page.
  • After completing your purchase, an email confirmation will be sent to you. This confirmation will include information about the service, the details, and the provider’s contact information.
  • Get in touch with your provider and set up an appointment. Same-day appointments are available in some cases.
  • Make sure you show up to your appointment so you can get the care you need.

 

“Simplify your medical needs. Sign up with Cash Price MD today!”

Why should I sign up for Cash Price MD?

You can make decisions regarding your medical care using Cash Price MD. There is no longer any need for prior authorizations, referrals, denials, or confusion regarding in-network versus out-of-network care. Search for, evaluate, and purchase the healthcare services and procedures you require, when you need them at the cash price appropriate for your financial situation. You can save money by paying online, scheduling an appointment, and then showing up.

There are several benefits to signing up with us, including the following:

Cost-cutting

Ever get a surprise health insurance bill? Ever get a provider balance bill? “I thought it was covered and in-network” Hide fees, deductibles, co-pays, and balance bills. Cash Price MD provides fair, upfront pricing on hundreds of services and procedures.

Faster

Our patient-centric approach connects you directly with Providers. It allows you to search, compare, buy, and schedule appointments from home. This eliminates time spent arguing with insurance payers about networks, covered procedures, denials, referrals, prior authorizations, and bills. Never again!

Integrity

Providers can add line items and bundle pricing to service listings. Their listing price includes all technical, professional, and facility fees so you can make an informed purchase. Buying in advance helps the provider’s staff prepare for your appointment and avoid hidden fees and bills.

Quality providers

Our Providers are thoroughly vetted to ensure high-quality care. Before accepting new Patients, we verify every provider who registers. NPI, state medical license, expiration dates, specialties, board certifications, and business information. Our system alerts the provider and us when actions are required and deactivates a Provider without updated information.

Conclusion

There are many benefits to joining Cash Price MD, including privacy, efficiency, and saving money. Whether you are insured or not, you should consider signing up with Cash Price MD today!

FAQs

Are there any reasons not to use a cash-pay doctor?

There are several reasons not to use cash for medical care. Suppose the cost is high; if your insurance covers all of a procedure, or if you need long-term care, all matters. However, there are plenty of routine services where paying cash makes sense.

So How Do I Know When to Pay Cash?

Check with Cash Price MD to find out what the cash price is before deciding, then call your insurance company and compare. If the cost is less than paying in cash, or even if the amount is close, then you are better off paying in cash.

What is cash pay?

A cash-paying patient is someone who pays for medical treatments out of pocket rather than via insurance. This might be a viable choice for folks who do not have insurance or have large deductibles.

What happens if you don’t have enough money to pay the doctor?

If you can’t afford a doctor’s appointment, look for community health facilities in your region. Community health centers provide comprehensive, culturally competent, and high-quality primary care.