CMS Price Transparency Data

Bunion correction surgery

Facility: Franciscan Health Lafayette

Billing Code: 28296 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 28296
Insurance Median: $8,371
Cash Discount Price: $12,934
vs. Medicare Baseline: 2.50x Medicare

The contracted insurance negotiated median rate for a Bunion correction surgery at Franciscan Health Lafayette is $8,371. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $12,934. Compared to the federal Medicare reimbursement reference rate of $3,342.87, this hospital’s rate is 2.50x the Medicare baseline. Located in 1701 S Creasy Ln, Lafayette, IN.

Cash / Self-Pay

$12,934

Average discount available for prompt cash payment at this facility.

Insurance Median

$8,371

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: $12,934 (387%)

Insurance Median: $8,371 (250%)

Cash: $12,934 (387% of Medicare)

Ins. Median: $8,371 (250% 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.

Elevated Commercial Rate Alert (Value-Gap)

The negotiated rate at this facility is 250% of the Medicare baseline (a markup of 150%). Patients with high-deductible plans or out-of-network benefits may face excessive out-of-pocket costs.

Consult Patient Advocate

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
Mdwise [1175]	$1,905	57%
Medicaid / KanCare	$1,905 - $2,287	57%
Managed Health Services [1302]	$1,964	59%
Medicare (plans)	$3,462	104%
Workers Comp [1172]	$6,924	207%
Blue Cross Blue Shield	$8,371 - $12,813	250%
Unicare [1150]	$12,813	383%
Commercial [2001]	$13,183	394%
Managed Care [2000]	$13,183	394%

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 $12,934.
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 Franciscan Health Lafayette 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.