CMS Price Transparency Data

Cataract surgery with lens implant

Facility: Veterans Memorial Hospital

Billing Code: 66984 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 66984
Insurance Median: $959
Cash Discount Price: $1,957
vs. Medicare Baseline: 0.41x Medicare

The contracted insurance negotiated median rate for a Cataract surgery with lens implant at Veterans Memorial Hospital is $959. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $1,957. Compared to the federal Medicare reimbursement reference rate of $2,357.81, this hospital’s rate is 0.41x the Medicare baseline. Located in 40 1St Street Se, Waukon, IA.

Cash / Self-Pay

$1,957

Average discount available for prompt cash payment at this facility.

Insurance Median

$959

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate

$2,357.81

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $2,357.81 (100%)

Cash / Self-Pay: $1,957 (83%)

Insurance Median: $959 (41%)

Cash: $1,957 (83% of Medicare)

Ins. Median: $959 (41% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $2,357.81 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
Quartz Comm - All Other Plans	$65 - $1,672	3%
Aetna	$434 - $1,490	18%
Amerigroup Mcr Adv	$434 - $959	18%
Humana	$434 - $1,672	18%
Iowa Total Care Exchange	$434 - $959	18%
Molina Mcr Adv	$434 - $959	18%
Quartz Mcr Adv	$434 - $959	18%
Welmark Mcr Adv	$434 - $959	18%
Iowa Total Care Mcr Adv	$959	41%
Medica Mcr Adv	$959	41%
UnitedHealthcare	$959 - $1,896	41%
Iowa Total Care Mcaid - All Other Plans	$1,137 - $4,635	48%
Molina Mcaid - All Other Plans	$1,137 - $4,635	48%
Medica Comm - All Other Plans	$1,775	75%
Wellmark Hmo - All Other Plans	$1,873	79%
Wellmark Ppo	$2,057	87%
Amerigroup Mcaid - All Other Plans	$2,358 - $4,635	100%

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 $1,957.
Request and sign a "Waiver of Insurance Submission" to prevent automatic billing.
Verify CPT Code matches exactly: 66984.

Insurance In-Network Protection Plan

Contact your insurance company to confirm Veterans Memorial Hospital is fully in-network.
Ask your insurer if "Prior Authorization" is required for CPT code 66984.
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.