1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    An MRI would be payable at 80% of the Medicare Approved amount.  You will be responsible for 20%, so assuming for example that the approved cost of the MRI is $300 you would be responsible for $60, Medicare pays the rest.  Medicare Approved amounts are based on a schedule that Medicare has established.  The approved amount will depend on the code the doctor uses when submitting his bill to Medicare.
    Answered on July 9, 2013
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