Drugs (Administered) · J1756 Drug

Injection, Iron Sucrose, 1 Mg

What Medicare pays for J1756, what providers bill, and how the price varies across 44 states, drawn from CMS 2023 claims data.

J1756 · the short answer

For injection, iron sucrose, 1 mg, Medicare pays about $0.16 on average across 44 states. This is a low-payment administrative or drug code, so the billed-to-paid ratio is not a meaningful "markup."

Medicare pays
$0.16
Providers bill
$2.26
States with data
44

Medicare amounts are CMS-published; markup = average submitted charge ÷ average Medicare payment.

Medicare Payment (avg)
$0.16
What Medicare actually pays
Billed Charge (avg)
$2.26
What providers submit
Markup
14.3x
1330% above Medicare rate
17.9M
Total Services
19.4K
Beneficiaries
4.2K
Providers
44
States with Data

Price Range Across States

Lowest State Avg
$0.15
Louisiana
Highest State Avg
$0.17
Vermont

What You Might Pay

Est. Commercial Insurance
$0.46
Range: $0.32 – $0.64
Est. Cash / Self-Pay
$0.77
Typical self-pay discount

Estimated using RAND 2024 commercial-to-Medicare ratios. Actual prices vary by insurer, plan, and facility.

How we estimate these prices

These estimates are based on the RAND Hospital Price Transparency Study (4th Edition, 2024), which found that commercial insurance prices average 224% of Medicare rates nationally. We apply category-specific ratios: Drugs (Administered) procedures average 2.24x Medicare rates. Cash/self-pay estimates blend typical cash discounts (55% of billed charges) with Medicare-based estimates (150% of allowed amounts). These are statistical estimates, not quotes. Contact your insurer or provider for actual costs.

Prices by State

State Medicare Payment Billed Charge
Vermont $0.17 $0.95
South Dakota $0.16 $2.22
Oregon $0.16 $1.42
South Carolina $0.16 $1.91
Kentucky $0.16 $1.07
California $0.16 $1.75
Alabama $0.16 $1.40
Arizona $0.16 $1.67
Maine $0.16 $1.06
North Carolina $0.16 $1.14
West Virginia $0.16 $1.00
Massachusetts $0.16 $1.85
Florida $0.16 $3.97
Illinois $0.16 $1.76
Virginia $0.16 $1.34
New Jersey $0.16 $1.52
Indiana $0.16 $2.31
Nevada $0.16 $2.84
Texas $0.16 $1.95
New Hampshire $0.16 $1.38
Wisconsin $0.16 $1.45
Alaska $0.16 $2.91
Colorado $0.16 $3.73
New York $0.16 $1.58
Tennessee $0.16 $1.32
Maryland $0.16 $1.89
New Mexico $0.16 $1.53
Ohio $0.16 $1.23
Georgia $0.16 $1.48
Iowa $0.16 $1.56
District of Columbia $0.16 $1.05
Washington $0.16 $1.68
Mississippi $0.16 $1.36
Michigan $0.16 $1.03
Delaware $0.15 $2.00
Minnesota $0.15 $1.14
Missouri $0.15 $1.37
Connecticut $0.15 $1.17
Pennsylvania $0.15 $1.84
Kansas $0.15 $3.11
Arkansas $0.15 $1.33
Oklahoma $0.15 $1.39
Nebraska $0.15 $0.70
Louisiana $0.15 $1.61

What the Data Says About Injection, Iron Sucrose, 1 Mg

Across 44 states with reporting providers, CPT code J1756 (Injection, Iron Sucrose, 1 Mg) shows a national average Medicare payment of $0.16 against an average billed charge of $2.26. That gap, a 14.3x markup, or 1330% above the Medicare allowed amount, is not a meaningful ratio for this low-payment code, so treat the billed figure as a chargemaster reference point rather than a real-world price.

Drugs (Administered) procedures like this one saw 17.9M services billed to Medicare in 2023 by 4.2K distinct providers, serving 19.4K unique beneficiaries. State-level variation is significant: Louisiana reports the lowest average payment at $0.15, while Vermont reports the highest at $0.17. At just 14%, this procedure prices remarkably consistently nationwide, GPCI adjustments barely move the needle for this particular code.

Applying RAND 2024 commercial-to-Medicare ratios specific to the Drugs (Administered) category (2.24x), the estimated commercial insurance price lands near $0.46, with self-pay cash discounts commonly bringing the figure closer to $0.77. Within Drugs (Administered), Injection, Iron Sucrose, 1 Mg ranks #501 of 530 tracked procedures by national average Medicare payment.

What to do with this

If you may have injection, iron sucrose, 1 mg done, these steps turn the numbers above into a real-world cost estimate.

  • Request a Good Faith Estimate from your provider at least 3 business days before a scheduled procedure, under the No Surprises Act it is an enforceable written price.
  • Compare injection, iron sucrose, 1 mg costs in your state, Medicare rates vary by locality. Browse states
  • Check a hospital’s published cash price, which is often far below the billed charge. Price transparency
  • Understand why billed charges run several times the Medicare rate before you negotiate. Read the guide

Figures here are averages and estimates, not a quote. Confirm coverage and out-of-pocket costs with your insurer and provider.

Frequently Asked Questions

How much does Injection, Iron Sucrose, 1 Mg cost?

Injection, Iron Sucrose, 1 Mg (CPT J1756) is priced fairly consistently nationwide: Medicare pays $0.16 on average, and the $0.15-$0.17 state range stays relatively tight. Providers typically bill $2.26.

Why do providers charge more than Medicare pays?

Providers set their own chargemaster rates (billed charges), which are typically much higher than what any insurer pays. Medicare pays a fixed rate based on the procedure code and geographic location. The billed charge is relevant mainly for uninsured patients, who may face prices closer to the submitted charge.

How much does Injection, Iron Sucrose, 1 Mg cost with insurance?

With commercial insurance, injection, iron sucrose, 1 mg costs an estimated $0.46 on average (range: $0.32-$0.64), a moderate premium over Medicare's $0.16. Without insurance, the estimated cash price is $0.77.

Which state has the lowest cost for Injection, Iron Sucrose, 1 Mg?

Louisiana and Vermont bookend the range for Injection, Iron Sucrose, 1 Mg, at $0.15 and $0.17 respectively - a relatively tight $0.02 spread nationwide.

How many providers perform Injection, Iron Sucrose, 1 Mg?

A moderate provider base performs Injection, Iron Sucrose, 1 Mg: 4.2K providers nationally, totaling 17.9M Medicare-billed services (19.4K beneficiaries) across 44 states in 2023.

What is the billed-to-Medicare markup for Injection, Iron Sucrose, 1 Mg?

Providers bill 14.3x what Medicare pays for Injection, Iron Sucrose, 1 Mg - a markup within the typical range at 1330% above the Medicare rate.

Data sourced from the CMS Medicare Physician and Other Practitioners dataset. See our methodology for details. Retrieved and formatted by PlainProcedure Editorial

Every figure on PlainProcedure is rendered directly from CMS Medicare Physician & Other Practitioners data, no number is typed in by an editor. This page draws directly on CMS Medicare Physician & Other Practitioners data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.