CPT 66500 Surgery - Eye

How Much Does Incision of Iris Cost?

Also known as: Incision of iris (CPT 66500)

Incision of Iris (CPT 66500) costs $352 at Medicare rates. Hospital outpatient rate: $2.

Cost Comparison by Payer

How much Incision of iris costs across different settings and payers

Medicare
Facility rate
$352
Hospital Outpatient
OPPS rate
$2
Surgery Center
ASC rate
$1
Medicare (Facility)
$352
CMS PFS 2026 national rate
Hospital Outpatient
$2
OPPS rate
Surgery Center (ASC)
$1
Ambulatory surgery center

Procedures Commonly Done Together

These procedures are frequently performed alongside Incision of iris

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How to Reduce Your Cost for Incision of iris

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.

  • 4
    Check ambulatory surgery centers (ASCs)

    This procedure is available at ASCs for $1, compared to $2 at hospital outpatient departments. ASCs often offer lower costs with comparable quality.

How is the Price Calculated?

Medicare calculates procedure payments using Relative Value Units (RVUs). Each procedure has three components multiplied by a conversion factor ($33.40 in 2026) and adjusted by geographic cost indices.

3.73
Work RVU
6.53
Practice Expense RVU
0.29
Malpractice RVU
10.55
Total RVU

Payment = Total RVU (10.55) x CF ($33.40) = $352

Frequently Asked Questions

How much does Incision of iris cost?

The Medicare facility rate for Incision of iris is $352. In a hospital outpatient setting, the rate is $2. At an ambulatory surgery center, the rate is $1. Commercial insurance rates typically range from 150% to 250% of Medicare (varies by plan).

How much does Incision of iris cost without insurance?

Without insurance, the cost of Incision of iris 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 Incision of iris?

Most commercial health insurance plans and Medicare cover Incision of iris 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.

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