CMS Price Transparency Data

Blood test, ferritin (iron stores)

Facility: Covenant Medical Center

Billing Code: 82728 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 82728
Insurance Median: $31
Cash Discount Price: $40
vs. Medicare Baseline: 2.27x Medicare

The contracted insurance negotiated median rate for a Blood test, ferritin (iron stores) at Covenant Medical Center is $31. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $40. Compared to the federal Medicare reimbursement reference rate of $13.63, this hospital’s rate is 2.27x the Medicare baseline. Located in 1447 N Harrison, Saginaw, MI.

Cash / Self-Pay

$40

Average discount available for prompt cash payment at this facility.

Insurance Median

$31

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate

$13.63

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $13.63 (100%)

Cash / Self-Pay: $40 (293%)

Insurance Median: $31 (227%)

Cash: $40 (293% of Medicare)

Ins. Median: $31 (227% of 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 227% of the Medicare baseline (a markup of 127%). 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
Blue Cross Blue Shield	$7 - $13	51%
Healthy Michigan Mclaren	$7	51%
Healthy Michigan Meridian	$7	51%
Healthy Michigan Molina	$7	51%
Healthy Michigan Priority Health	$7	51%
Blue Care Network	$10 - $14	73%
Aetna	$11 - $101	81%
Health Advantage Mclaren Employee	$11 - $76	81%
Priority Health E	$11 - $63	81%
Physicians Health Plan	$13 - $76	95%
Priority Health	$13 - $76	95%
Health Alliance Plan Of Michigan	$14 - $26	103%
Humana	$14 - $104	103%
Mclaren Advantage	$14	103%
Molina Healthplan	$14	103%
Physicians Health Plan Advantage/Advantage Plus	$14	103%
Mclaren Health Advantage	$18 - $62	132%
Meritain Health	$18 - $106	132%
Multiplan	$22 - $124	161%
Cigna	$31 - $76	227%

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 $40.
Request and sign a "Waiver of Insurance Submission" to prevent automatic billing.
Verify CPT Code matches exactly: 82728.

Insurance In-Network Protection Plan

Contact your insurance company to confirm Covenant Medical Center is fully in-network.
Ask your insurer if "Prior Authorization" is required for CPT code 82728.
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.