LabCorp Pricing May Unfairly Overcharge Patients for Medical Tests

Patients are often required to pay for necessary lab tests, but LabCorp pricing and that of other companies may be purposely excessive.

According to patients who have had to follow LabCorp pricing in order to receive necessary medical lab tests, excessive LabCorp pricing may actually be a form of insurance fraud. Patients claim that LabCorp pricing bills out-of-pocket customers at a higher rate than the rate insurance companies pay.

Medical lab testing is an essential part of medical care for many patients, providing important information for their health and safety.

In many cases, insurance companies pay for this lab testing, at least in part. Insurance companies have agreements with medical labs to offer discounted fees. But for patients without insurance, or whose lab tests are not covered by the insurance they do have, medical fees like LabCorp pricing may be significantly higher. Those without insurance, of course, are even less likely to be able to afford these kinds of expenses.

For instance, a blood test fee paid through insurance with that discount may be only $10, but a payment without the insurance discount may be $100 for the same blood test.

How can a patient with insurance be denied this discount? Some insurance companies refuse to cover medical lab tests if they are deemed to be too experimental or medically unnecessary. Some insurance companies find certain lab tests experimental or medically unnecessary when other companies would not.

And patients without insurance must also face these exorbitant medical fees without even a chance of receiving the lowered LabCorp pricing.

Many patients do not even know about the drastic differences in LabCorp pricing between lab tests paid for through insurance and those paid for directly out of pocket.

The excessive LabCorp pricing patients reportedly face is not the only major medical lab fee problem. Other medical lab test providers under investigation for unfair pricing include Quest Diagnostics and Bio-Reference Laboratories.

LabCorp Pricing Lawsuits

According to consumers, the discrepancies in LabCorp pricing between medical lab tests covered by insurance and those not covered by insurance are unfair and excessive, and the gap should be closed.

As awareness of the differences between insured and uninsured lab fees increases, consumers begin to demand more transparency from medical labs with regard to LabCorp pricing and that of other labs. Many consumers believe that the prices of medical lab tests should not vary based on whether or not the test is covered by a patient’s health insurance policy.

Patients who have been hit with an exorbitantly high LabCorp pricing or a high bill from another medical lab may be able to file a legal claim.

If you believe you were subjected to unfair or excessive LabCorp pricing or unfair pricing from another medical lab after your health insurance company denied coverage, you may be able to file your own claim over unfair LabCorp pricing or file a laboratory fraud class action lawsuit. Filing a lawsuit may be able to help compensate for the financial loss felt as a result of LabCorp pricing differences.

Join a Free Medical Lab Fees Class Action Lawsuit Investigation

If you believe you were overcharged for medical lab fees after being denied coverage by your health insurance company, you may qualify to file a lab test fees lawsuit or laboratory fraud class action lawsuit.

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