New Website Aims to Help You Compare Health Care Prices

Happy medical patientHappy medical patient
Photo by ESB Professional / Shutterstock.com

A new website called CarePay hopes to help patients and providers alike to obtain more transparency about the cost of health care procedures.

CarePay’s price comparison tool allows you to enter the town or ZIP code where you seek health care, plus the procedure you need. After doing so, you can find a range of prices for that procedure in your community.

In zeroing in on prices, CarePay uses data from the Centers for Medicare and Medicaid Services, a division of the federal government. However, the site notes that providers typically charge higher rates and advises that you use the data it provides to negotiate your own price with providers.

Carepay also hopes patients will upload their medical bills, “which will be posted to the provider, thus allowing other patients to gain real-time knowledge of the actual cost of a specific procedure,” the website says.

CarePay even hopes health care providers will share their own prices. According to the site:

“The CarePay price comparison tool was designed to help patients get better deals for their healthcare. Providers are also encouraged to post their self-pay pricing which will ultimately draw new patients to their practice. Armed with this information, patients may contact chosen providers to negotiate an affordable self-pay price.”

Other health care price comparison tools

CarePay is hardly the first website of its kind. As we note in “99% of Us Make This Costly Health Care Mistake,” other medical pricing transparency websites include:

Medicare, the federal health insurance program primarily reserved for people age 65 and older, introduced a Procedure Price Lookup tool last year, as we detailed in “New Medicare Tool Lets You Compare Prices of Outpatient Procedures.”

There are also websites devoted to helping consumers shop around for prescription drugs. To learn about them, check out “6 Websites That Will Slash Your Prescription Drug Costs.”

How do you try to tame high health care costs? Share your advice in comments below or on our Facebook page.

Earn money when you shop — plus a free $10 bonus

Earn extra money by using Rakuten (formerly known as Ebates) — a site where you can earn up to 40% cash back at more than 2,500 stores. As a bonus for joining Rakuten, you'll earn $10 when you spend at least $25 within the first 90 days. Start earning cash back and claim a free $10 bonus today.

5 Surveys For Money Sites To Get Paid For Your Opinion
5 Surveys For Money Sites To Get Paid For Your Opinion

Yes, you can earn extra cash by taking online surveys. But some websites are better than others for this. Here are a few of our favorites.

10 Ways Anyone Can Earn More Income
10 Ways Anyone Can Earn More Income

Looking for additional cash? Here are a bunch of options that are accessible to anyone with internet access.

The 14 Most Deadly Car Models
The 14 Most Deadly Car Models

These vehicles are involved in fatal accidents at least twice as often as the average car.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.