Blood test, ferritin (iron stores)
Facility: Logan County Hospital
Billing Code: 82728 (CPT)
- CPT Billing Code: 82728
- Insurance Median: $103
- Cash Discount Price: $30
- vs. Medicare Baseline: 7.56x Medicare
Average discount available for prompt cash payment at this facility.
Median negotiated contract rate across all mapped commercial carriers.
Standard federal government reimbursement rate for this code.
Visual Cost Comparison vs. Medicare
Understanding this gauge: We use the federal Medicare rate of $13.63 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 756% of the Medicare baseline (a markup of 656%). Patients with high-deductible plans or out-of-network benefits may face excessive out-of-pocket costs.
Out-of-Pocket Cost Estimator
Estimate whether it is more economical to use your insurance or pay the upfront self-pay cash rate.
Commercial Insurance Negotiated Rates
Negotiated contract ranges established by major commercial carriers at this facility.
| Carrier / Plan Group | Contract Rate Range | vs. Medicare Reference |
|---|---|---|
| Blue Cross Blue Shield | $53 | 389% |
| Humana | $64 | 470% |
| Health Partners - All Plans | $142 | 1042% |
| Medicaid / KanCare | $150 | 1101% |
Consumer Guidance & Cost Commentary
For the blood test for ferritin (iron stores) at Logan County Hospital in Oakley, Kansas, the facility's cash price is $30.00, which is significantly lower than the state average of $103.00. While the hospital's negotiated rate with most payers, including Blue Cross Blue Shield and Humana, is $53.00 to $142.00, the cash price often represents the best option for patients with high-deductible plans or those without insurance. Because commercial negotiated rates frequently include administrative overhead and contract markups that can exceed 200% of the Medicare benchmark, paying out-of-pocket directly can result in substantial savings compared to what insurance might allow.
To maximize these savings, patients should explicitly ask the billing department for "self-pay" or "prompt-pay" discounts before scheduling the test, as hospitals often offer additional reductions for upfront payment that are not reflected in standard insurance calculations. It is important to note that the facility's Medicare benchmarked rate is $13.63, which serves as the objective baseline for evaluating pricing; commercial rates are typically higher than this cost-based standard due to provider markup. Since the facility is a Critical Access Hospital owned by the local government, patients should verify their specific plan details to ensure they are not subject to balance billing, and always request an itemized bill to confirm that no unbundled charges or services not rendered are included in the final amount due.