CMS Price Transparency Data

Knee arthroscopy with meniscus repair

Facility: New London Hospital

Billing Code: 29881 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 29881
Insurance Median: $1,116
Cash Discount Price: $1,157
vs. Medicare Baseline: 0.33x Medicare

The contracted insurance negotiated median rate for a Knee arthroscopy with meniscus repair at New London Hospital is $1,116. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $1,157. Compared to the federal Medicare reimbursement reference rate of $3,342.87, this hospital’s rate is 0.33x the Medicare baseline. Located in 273 County Road, New London, NH.

Cash / Self-Pay

$1,157

Average discount available for prompt cash payment at this facility.

Insurance Median

$1,116

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: $1,157 (35%)

Insurance Median: $1,116 (33%)

Cash: $1,157 (35% of Medicare)

Ins. Median: $1,116 (33% 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.

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
Martin'S Point Health Care	$374 - $1,739	11%
Granite State Health Plan	$521 - $1,277	16%
Wellsense Health Plan	$521 - $1,114	16%
Amerihealth Caritas Nh	$526 - $1,290	16%
Blue Cross Blue Shield	$559 - $11,139	17%
Harvard Pilgrim Health Care Of Ne	$641 - $1,805	19%
UnitedHealthcare	$745 - $1,979	22%
Cigna	$747 - $1,713	22%
Aetna	$879 - $2,187	26%
Ambetter / Centene	$1,114	33%
Martin'S Point Generations Advantage	$1,114	33%
Wellcare Health Plans	$1,114	33%
Tufts Health Plan	$1,750 - $1,822	52%
Coventry	$2,392	72%
Multiplan	$2,404	72%

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 $1,157.
Request and sign a "Waiver of Insurance Submission" to prevent automatic billing.
Verify CPT Code matches exactly: 29881.

Insurance In-Network Protection Plan

Contact your insurance company to confirm New London Hospital is fully in-network.
Ask your insurer if "Prior Authorization" is required for CPT code 29881.
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.