95148

Professional service for preparation and provision of 4 stinging insect venom

Medicare pricing data for 1,031 providers across 30 states

🤖AI Overview

Note: These costs reflect the Medicare physician/supplier component. Hospital facility fees are billed separately and can be 2-5x the physician fee.

💡 What You Should Know

Professional service for preparation and provision of 4 stinging insect venom (HCPCS code 95148) is a medical procedure billed to Medicare. The average Medicare-allowed cost is $80.45, but hospitals typically charge $156.80 — a 1.9x markup. Prices vary significantly by state and provider.

🏷️ Typical Out-of-Pocket Cost

$16.09

Medicare patients typically pay about 20% of the allowed amount as coinsurance. Based on the average allowed cost of $80.45, your out-of-pocket cost would be approximately $16.09. Actual costs depend on your specific plan, deductible, and whether you've met your annual out-of-pocket maximum.

Average Allowed Cost
$80.45
Average Hospital Charge
$156.80
Markup Ratio
1.9x

What Hospitals Charge vs. What Medicare Pays

Hospital Charge$156.80
Medicare Allowed$80.45
Medicare Payment$60.38

Hospitals charge 1.9x more than what Medicare allows for this procedure. Medicare actually pays $60.38 on average.

Cost by State

Medicare-allowed amounts vary significantly by state

StateAllowed CostHospital ChargeProvidersServicesvs. National
New Jersey$99$13251734+22.7%
Washington$95$18038571+17.8%
Connecticut$94$19427435+16.9%
Maryland$92$14742396+14.5%
Colorado$90$14812204+12.4%
Minnesota$88$31512222+9.9%
California$88$15121291+8.9%
Massachusetts$87$26845900+7.9%
New York$86$177801,187+6.6%
Virginia$85$12741657+5.3%
New Hampshire$85$1149344+5.2%
Oregon$85$19115174+5.2%
Montana$84$1685179+4.3%
Texas$84$11317240+4.0%
Georgia$81$21224821+1.3%
North Carolina$80$162772,301-0.4%
Wisconsin$80$26625610-0.5%
Florida$80$13842676-0.9%
Delaware$79$18518126-1.6%
Idaho$79$154396-2.1%
Pennsylvania$79$119571,316-2.2%
Illinois$79$12225379-2.4%
South Carolina$78$148361,123-2.5%
Tennessee$76$12245946-5.9%
Ohio$75$14134401-6.6%
Michigan$75$11344870-7.4%
Arizona$74$1149189-7.7%
Mississippi$74$9711180-8.2%
Indiana$70$11425545-13.3%
West Virginia$54$759219-32.4%

⚠️ Important: These costs reflect the Medicare physician/supplier component. Hospital facility fees may be billed separately. Total out-of-pocket costs may be higher.

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