Typical markup
4.1x over Medicare
volume-weighted across all services
See what Medicare actually pays versus what providers bill — for 9,297 procedures, in plain English.
Compare actual Medicare payments for 9,297 procedures across 5,426 hospitals and 56 states and territories, with RAND-derived commercial and cash-price estimates. Source: CMS Medicare, 2023.
The short answer
Medicare pays a fraction of what providers bill: across 9,297 procedures, the typical service is billed about 4.1x the Medicare rate. Look up any procedure to see what Medicare pays, what providers charge, and how it varies by state.
Source: CMS Medicare Physician & Other Practitioners, 2023. Markup = submitted charge ÷ Medicare payment (volume-weighted).
Across 9,297 procedures, the typical service is billed about 4.1x what Medicare actually pays (volume-weighted). Here is the average markup for the highest-volume procedure categories.
Typical markup
4.1x over Medicare
volume-weighted across all services
Procedures tracked
9,297 HCPCS codes
Highest-markup category
5.6x Medicine
States & territories
56 covered
Total annual Medicare Part B services across 56 states and territories
Top 10 by total Medicare services performed in 2023.
| Code | Procedure | Medicare Pays | Billed |
|---|---|---|---|
| K1034 | Provision Of Covid-19 Test, Nonprescription... | $11.62 | $16.21 |
| 99214 | Established Patient Office Or Other Outpatient Visit, 30-39... | $82.80 | $262.19 |
| A0425 | Ground Mileage, Per Statute Mile | $7.35 | $24.62 |
| Q9967 | Low Osmolar Contrast Material, 300-399 Mg/ml Iodine... | $0.11 | $1.66 |
| J0717 | Injection, Certolizumab Pegol, 1 Mg (code May Be Used For... | $3.89 | $14.59 |
| 99213 | Established Patient Office Or Other Outpatient Visit, 20-29... | $58.67 | $179.13 |
| 97110 | Therapy Procedure Using Exercise To Develop Strength,... | $18.05 | $67.23 |
| J1439 | Injection, Ferric Carboxymaltose, 1 Mg | $0.87 | $3.55 |
| J1071 | Injection, Testosterone Cypionate, 1 Mg | $0.02 | $0.41 |
| J0897 | Injection, Denosumab, 1 Mg | $18.17 | $46.49 |
73 procedure categories covering all of medicine.
The biggest price spreads between what Medicare pays in different states.
Procedure costs by state and territory.
PlainProcedure makes healthcare costs transparent by showing what Medicare actually pays vs. what providers charge for 9,297 medical procedures. We help you understand price variation across states and providers.
All data comes from the CMS Medicare Physician & Other Practitioners dataset for 2023. This includes actual payment amounts, submitted charges, and utilization data for every procedure performed by Medicare providers.
The Medicare payment is what the government actually pays for a procedure. The billed charge (submitted charge) is what the provider bills. The difference, or markup, shows how much above the Medicare rate a provider charges. Patients without insurance may be billed closer to the submitted charge.
Yes. All data and tools are completely free to use. CMS data is public domain.
In-depth resources to help you understand medical costs and billing.
Original analysis from our editorial team, every statistic derived from our own database. See all research.
Weighted by how often each procedure is performed, US providers bill roughly 4.1x the Medicare rate. The simple per-code average is higher because a small tail of near-zero-payment drug and vaccine codes produces extreme ratios — which we exclude from typical-markup figures.
ResearchCMS Medicare data shows COVID-19 testing (153M services) Established Patient 30-39 minute visits (100M) and Ground Mileage (99M) leading US procedure volumes — with the top-10 codes collectively delivering more than 1 billion annual Medicare services.
ResearchCMS Medicare state rollups show California (364M services) Florida (348M) and Texas (274M) leading US states by Medicare physician-service volume — with the top-3 states collectively delivering 985M services and an average $303-$347 Medicare payment per service.