Factors Affecting MRI Test Cost
Medical imaging services are usually costly. The good news is that there are state of the art imaging technologies that can help doctors to diagnose and treat medical conditions effectively. Magnetic resonance imaging, for instance, is a revolutionary medical imaging technology that can provide doctors with an inside look at the patient’s body non-invasively and without harming them. It is the perfect replacement for X-rays and CT scans, which use harmful radiation. Since patients cannot sustain radiation doses produced by five x-ray or CT-scan procedures in a year, MRI is recommended. The only shortcoming of MRI is that it is costly. A single procedure can cost thousands of dollars. Knowing the factors affecting MRI test cost can help you find the right service provider and save some money on this important medical imaging procedure. Below are the factors affecting MRI costs:
- i) Type of Facility
MRI costs differ from one medical facility to the next. Therefore, it is crucial you shop around before committing yourself. Private facilities usually charge higher rates than public facilities because they are for profit. Different private facilities also charge different rates, so it pays to do some shopping around. There are also mission hospitals, research institutes and charitable organizations running their own medical facilities. The MRI testing costs quoted by all these firms will differ greatly.
- ii) Mode of Payment
It is a well known fact that if you pay with your insurance, the medical facility you are attending will quote a higher price. If you pay cash, you will get a discount. Everybody appreciates cash, so you can pay the least cost for the MRI test if you pay cash. The main reason for this is that insurance companies usually take time to process claims and pay them. In fact, they can dispute some of the claims. This means that medical facilities will have to wait longer to get the cash. With cash payments, however, medical facilities can get the cash they need to run their operations.
iii) Type of Patient
Medical facilities usually charge inpatients different rates for medical imaging than outpatients. In many cases, outpatients usually pay more than inpatients for medical imaging services. If you are also coming from another medical facility that does not have an MRI, you will have to pay more for the imaging service.
As you can see imaging costs usually depend on a variety of factors. Therefore, it is imperative you spend some time comparing the imaging fees quoted by different service providers to find the best one for you needs.