High Stakes Healthcare
2026 rates · updated July 2026
A working method for plan sponsors

Read your own claims file.

If your company self-funds its health plan, you are the fiduciary — the same duty of prudence you owe the 401(k). Under ERISA and the Consolidated Appropriations Act of 2021, the claims data is yours by law. Gag clauses that block your access are prohibited, and you signed an attestation saying so.

You don't need to become a claims analyst. You need one afternoon, one spreadsheet, and the five sorts below.

Exhibit A — one office visit, two claims
03/14Smith, J.CMS-150099213 · office visit$92 allowed
03/14Smith, J.UB-04G0463 · facility fee$687 billed

Same patient, same day, same exam room. The hospital bought the practice — so the visit now bills twice. Most CEOs have never seen the second line. Their employees meet it as a surprise bill.

STEP 1Request the file — these exact fields

Ask your TPA or carrier for a claims extract. De-identified is fine. It must include:

  • Claim form type — professional (CMS-1500) vs. facility (UB-04). This one field exposes double billing.
  • CPT/HCPCS code and revenue code — what was done, and what the facility called it.
  • Place of service (POS) code — where it supposedly happened.
  • Billed charge, allowed amount, plan paid, member paid — all four, per line.
  • Provider name, NPI, and tax ID — so you can see which health system owns which “office.”
  • Date of service and masked member ID — so you can match the two halves of a split bill.

If the answer is “we can't release that,” you have a gag-clause problem — and you attested to CMS that you don't have one.

STEP 2Five sorts that tell you almost everything

Each of these takes about a minute in Excel. Hand the gray line to whoever runs your spreadsheets — it's the literal filter.

SORT BY: member_id, date_of_service

1. Find the split bills

One office visit producing two claims — a professional claim and a facility claim, same day, same place — is provider-based billing. The doctor's visit now comes with a building fee.

FILTER: CPT BETWEEN 99202–99215 AND POS IN (19, 22)

2. Find office visits coded as hospital outpatient

These are routine office visits placed in a hospital outpatient setting. Every hit is a visit that was — or soon will be — billed with a facility fee.

FILTER: HCPCS = G0463 OR REV_CODE IN (0510–0519, 0760, 0761)

3. Total the facility fees themselves

That is the facility fee. Count them. Total them. This is the number nobody has shown you.

CALC: allowed_amount ÷ medicare_rate

4. Get your multiple of Medicare

That multiple — 200%? 400%? 900%? — is the single best measure of what your “discount” is actually worth.

SORT BY: plan_paid DESC → read rows 1–20

5. Read your top 20 claims, cold

A handful of claims typically drive half your spend. You should be able to say what each of the top 20 was and why it cost what it did.

STEP 3The pocket benchmarks — what Medicare pays

Approximate 2026 national rates. The point isn't the pennies — it's the multiple.

ServicePhysician feeHospital facility feeMedicare all-in
Office visit — physician office 99213~$92none~$92
Same visit — hospital-owned clinic 99213 + G0463~$92~$52–129~$145–220
ER visit, level 5 99285~$162~$630~$790
MRI, lumbar spine 72148incl.~$260~$260
Colonoscopy with polyp removal 45385~$265~$1,550~$1,815
Cataract surgery 66984~$535~$2,270~$2,805
Outpatient knee replacement 27447~$1,150~$12,700~$13,850

National averages before locality adjustment — verify exact figures at the CMS fee schedule lookup. If your plan paid $6,500 for a $1,815 colonoscopy episode, that's 358% of Medicare, and someone agreed to it on your behalf.

STEP 4Five questions your broker and TPA should answer on the spot

  1. What percentage of our office visits carry a facility fee, and what did those fees total last year?
  2. What multiple of Medicare are we paying — overall, and at each health system?
  3. Can I have my complete claims file, with revenue codes and place of service, by Friday?
  4. What are you paid, in total — direct and indirect — for this plan? Then check it against Schedules A and C of your own Form 5500.
  5. What in our plan document or network contract actually requires us to pay a facility charge on a routine office visit?

Hesitation on any of these is itself an answer.

Why this is your job

Plan assets are being spent under your fiduciary duty. Recent lawsuits against major employers are built on one theory: you could have looked, and you didn't. Ignorance used to be a shield. The CAA turned it into evidence.

What you find funds the follow-up conversation. What you don't look for funds someone else.

Take the tools

No email address. No form. No follow-up sequence. Print it, forward it, hand it to your CFO — that's what it's for.

2026 edition — rates from the CY 2026 Medicare PFS and OPPS Final Rules. Refreshed each January.