CMS Price Transparency Data

Knee arthroscopy with meniscus repair

Facility: University of Illinois Hospital and Clinics

Billing Code: 29881 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 29881
  • Insurance Median: $799
  • Cash Discount Price: $989
  • vs. Medicare Baseline: 0.24x Medicare
The contracted insurance negotiated median rate for a Knee arthroscopy with meniscus repair at University of Illinois Hospital and Clinics is $799. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $989. Compared to the federal Medicare reimbursement reference rate of $3,342.87, this hospital’s rate is 0.24x the Medicare baseline. Located in 1740 West Taylor St Suite 1400, Chicago, IL.
Cash / Self-Pay
$989

Average discount available for prompt cash payment at this facility.

Insurance Median
$799

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: $989 (30%)
Insurance Median: $799 (24%)
Cash: $989 (30% of Medicare)
Ins. Median: $799 (24% 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.

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
Molina $473 - $941 14%
Coventry $555 - $592 17%
Aetna $592 - $949 18%
Health Alliance $592 - $799 18%
Longevity Health Plan $592 18%
Sinai Medical Group $592 18%
United $592 - $934 18%
UnitedHealthcare $592 18%
Zing Health $604 18%
Clear Springs Health $609 18%
Village Md $621 - $740 19%
Wellcare $621 19%
Blue Cross Blue Shield $640 - $941 19%
Uic Physician Group $651 19%
Union Health Service $710 21%
Dolton Medical Associates $740 22%
Mac Neal Health Providers $740 22%
Mercy Physician Association $740 22%
Unified Physicians Network $740 22%
West Suburban Health Providers $740 22%
Lake County Physician Associates $769 23%
Northshore Physician Association $769 23%
Northwest Primary Care Alliance $769 23%
Southwest Physician Group Ltd $769 23%
Valenz $787 24%
Fox Valey Medicine Ltd $799 24%
Oak West Primary Care Alliance $799 24%
St Anthony Health Network $828 25%
Franciscan Hammond Clinic Llc $848 25%
Physician Care Network Inc $861 26%
Campus Care $888 27%
Healthsmart $888 27%
The Alliance $888 27%
Healthlink $929 28%
Caterpillar $936 28%
Humboldt Park Health Partners $936 28%
Physicians Health Association Of Il $936 28%
Resurrection Phys Provider Group $936 28%
County Care Health Plan $941 28%
Meridian $941 28%
Youthcare Healthchoice $941 28%
Cigna $943 28%
Multiplan $1,243 - $3,761 37%
Equian $3,761 113%
Zelis $3,761 113%
Integrated Health Plan $4,137 124%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 1740 West Taylor St Suite 1400, Chicago, IL 60612
  • CMS Rating: ★★★★☆
  • Ownership Type: Government - State
  • Hospital Type: Acute Care Hospitals