CMS Price Transparency Data

Bunion correction surgery

Facility: Iowa Specialty Hospital - Belmond

Billing Code: 28296 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 28296
Insurance Median: $774
Cash Discount Price: $714
vs. Medicare Baseline: 0.23x Medicare

The contracted insurance negotiated median rate for a Bunion correction surgery at Iowa Specialty Hospital - Belmond is $774. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $714. Compared to the federal Medicare reimbursement reference rate of $3,342.87, this hospital’s rate is 0.23x the Medicare baseline. Located in 403 First Street Se, Belmond, IA.

Cash / Self-Pay

$714

Average discount available for prompt cash payment at this facility.

Insurance Median

$774

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate

$3,342.87

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $3,342.87 (100%)

Cash / Self-Pay: $714 (21%)

Insurance Median: $774 (23%)

Cash: $714 (21% of Medicare)

Ins. Median: $774 (23% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $3,342.87 as the cost baseline. Rates below the baseline represent excellent value. In-network commercial rates commonly hover around 150% - 250% of Medicare, while rates exceeding 300% are elevated. Hover over the green and blue markers to view detailed calculations.

Out-of-Pocket Cost Estimator

Estimate whether it is more economical to use your insurance or pay the upfront self-pay cash rate.

Billing Status

Remaining Deductible ($)

Your Coinsurance Rate (%)

Input your details and click calculate to compare out-of-pocket costs.

Commercial Insurance Negotiated Rates

Negotiated contract ranges established by major commercial carriers at this facility.

Carrier / Plan Group	Contract Rate Range	vs. Medicare Reference
Aetna	$452 - $499	14%
Tricare	$452	14%
Triwest Va Choice And Pc3-All Plans	$452	14%
UnitedHealthcare	$452 - $910	14%
Healthscope Stellar - All Plans	$745	22%
Auxiant Clarion Schools-All Plans	$774	23%
Health Partners Prestage	$892	27%
Wellmark Hmo	$923	28%
Health Partners Ish-All Other Plans	$939	28%
Cigna	$1,069	32%
Midlands Choice-All Plans	$1,069	32%
Wellmark Ppo-All Other Plans	$1,122	34%

Self-Pay Upfront Cash Action Plan

Request a "Self-Pay classification" with the billing desk before receiving care.
Ask for a written "Prompt-Pay Discount" agreement quoting the price of $714.
Request and sign a "Waiver of Insurance Submission" to prevent automatic billing.
Verify CPT Code matches exactly: 28296.

Insurance In-Network Protection Plan

Contact your insurance company to confirm Iowa Specialty Hospital - Belmond is fully in-network.
Ask your insurer if "Prior Authorization" is required for CPT code 28296.
Confirm the specific physician or imaging center is also in-network (not just the hospital building).
Audit your Explanation of Benefits (EOB) against the final itemized hospital invoice.