CMS Price Transparency Data

Knee arthroscopy with meniscus repair

Facility: Monmouth Medical Center

Billing Code: 29881 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 29881
Insurance Median: $5,115
Cash Discount Price: $5,419
vs. Medicare Baseline: 1.53x Medicare

The contracted insurance negotiated median rate for a Knee arthroscopy with meniscus repair at Monmouth Medical Center is $5,115. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $5,419. Compared to the federal Medicare reimbursement reference rate of $3,342.87, this hospital’s rate is 1.53x the Medicare baseline. Located in 300 Second Avenue, Long Branch, NJ.

Cash / Self-Pay

$5,419

Average discount available for prompt cash payment at this facility.

Insurance Median

$5,115

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: $5,419 (162%)

Insurance Median: $5,115 (153%)

Cash: $5,419 (162% of Medicare)

Ins. Median: $5,115 (153% 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
Blue Cross Blue Shield	$932 - $3,591	28%
Wellpoint	$3,266 - $3,591	98%
Fidelis Care	$3,591	107%
Aetna	$3,591 - $6,871	107%
Clover Health	$3,591	107%
Humana	$3,591	107%
UnitedHealthcare	$3,617 - $6,341	108%
Qualcare Inc	$5,115	153%
Emblem Health	$6,285	188%
Wellcare	$7,147	214%
Cigna	$15,926 - $21,314	476%

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 $5,419.
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 Monmouth Medical Center 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.