SCPricepoint.org is an SCHA-maintained website that helps consumers better understand hospital pricing. Called South Carolina PricePoint, the site allows members of the public to access information about services and charges at hospitals throughout the state.
Hospitals are required to post charges for all services and supplies. These charges are just like the “suggested retail price” of an item or the sticker price of a new car. What consumers and insurers pay is usually a very different rate, and SCHA advises insured patients to talk with their insurance companies up front to find out what their out-of-pocket costs will be. What patients ultimately pay will depend on whether they have insurance, as well as the type of coverage. Private insurers negotiate discounts with some providers, and government programs, such as Medicare and Medicaid, mandate hospital reimbursement payment rates.