How Much Does Iron Level Cost?
Also known as: Iron level (CPT 83540)
A serum iron blood test measuring the level of iron in your blood.
Iron Level (CPT 83540) costs $6 at Medicare rates.
The rates shown below represent the complete Medicare reimbursement for this service. No separate facility fee applies for this type of procedure.
Patient Guide: Iron Level
What you need to know before your appointment
What to Expect
A blood sample is drawn from your arm. This test is often done along with other iron studies to evaluate iron levels.
How Long Does It Take?
5-10 minutes for the blood draw
Common Reasons Doctors Order This
Anemia evaluation, iron deficiency screening, fatigue, monitoring iron supplementation
How to Prepare
Fasting for 12 hours may be recommended for the most accurate results. Morning blood draws give the most consistent results.
Procedures Commonly Done Together
These procedures are frequently performed alongside Iron level
How to Reduce Your Cost for Iron level
Practical tips that can save you hundreds or thousands of dollars
- 1 Ask about cash-pay discounts
Many hospitals and clinics offer 20-40% discounts for self-pay patients. Always ask before scheduling.
- 2 Compare facility vs. office setting costs
Some procedures cost significantly less in an office setting than a hospital. Ask your provider about options.
- 3 Shop around — costs vary significantly
Costs can vary 2-3x between providers in the same city. Get quotes from multiple facilities.
Related Procedures
Similar procedures in the same category or body system
Frequently Asked Questions
How much does Iron level cost?
The Medicare facility rate for Iron level is $6. Commercial insurance rates typically range from 150% to 250% of Medicare (varies by plan).
How much does Iron level cost without insurance?
Without insurance, the cost of Iron level can range from 150% of Medicare to 500% of Medicare depending on the facility. Many hospitals and clinics offer self-pay discounts of 20-40% off their chargemaster price. Always ask about cash pricing before your visit.
Does insurance cover Iron level?
Most commercial health insurance plans and Medicare cover Iron level when ordered by a physician for a medically necessary reason. Your out-of-pocket cost depends on your plan's deductible, copay/coinsurance structure, and whether you use an in-network provider. Check with your insurance company before scheduling to confirm coverage and get a cost estimate.
Why does the cost vary so much by location?
Medicare adjusts payments using Geographic Practice Cost Indices (GPCIs) that reflect local differences in physician work costs, practice expenses, and malpractice insurance. Manhattan, San Francisco, and other high-cost areas pay significantly more than rural regions. Commercial insurers follow similar geographic patterns.