CMS Price Transparency Data

Cataract surgery with lens implant

Facility: Omega Hospital, LLC

Billing Code: 66984 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 66984
  • Insurance Median: $8,226
  • Cash Discount Price: $22,351
  • vs. Medicare Baseline: 3.49x Medicare
The contracted insurance negotiated median rate for a Cataract surgery with lens implant at Omega Hospital, LLC is $8,226. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $22,351. Compared to the federal Medicare reimbursement reference rate of $2,357.81, this hospital’s rate is 3.49x the Medicare baseline. Located in 2525 Severn Avenue, Metairie, LA.
Cash / Self-Pay
$22,351

Average discount available for prompt cash payment at this facility.

Insurance Median
$8,226

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$2,357.81

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $2,357.81 (100%)
Cash / Self-Pay: $22,351 (948%)
Insurance Median: $8,226 (349%)
Cash: $22,351 (948% of Medicare)
Ins. Median: $8,226 (349% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $2,357.81 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 349% of the Medicare baseline (a markup of 249%). Patients with high-deductible plans or out-of-network benefits may face excessive out-of-pocket costs.

Out-of-Pocket Cost Estimator

Estimate whether it is more economical to use your insurance or pay the upfront self-pay cash 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
People Health $2,628 - $12,772 111%
Medicare (plans) $2,628 - $12,772 111%
Humana $2,628 - $12,772 111%
UnitedHealthcare $3,679 - $17,881 156%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 2525 Severn Avenue, Metairie, LA 70002
  • CMS Rating: No CMS Rating
  • Ownership Type: Physician
  • Hospital Type: Acute Care Hospitals