Hemorrhoid banding cost in Indianapolis, IN
In Indianapolis-Carmel-Greenwood, IN, 2 hospitals list a cash price for hemorrhoid banding (rubber band ligation): from $505.60 to $2,539.21, with a median of $1,522.41. The lowest listed price is at Johnson Memorial Hospital — $1,016.81 less than the median here. Across Indiana, the median is $391.88 at 24 hospitals.
Cash prices at 2 facilities across 2 cities for code 46221, as an outpatient — the setting a self-pay patient normally buys. Collected Sep 22, 2026; the hospital files themselves were last updated between May 5, 2026 and May 5, 2026.
Where each hospital's price falls
Each dot is one hospital's cash price on a scale from the lowest to the highest in Indianapolis-Carmel-Greenwood, IN.
Hospitals, cheapest first
| Hospital | Cash price | List price | Insurers pay | Off list | File date |
|---|---|---|---|---|---|
| Johnson Memorial Hospital lowest Franklin, IN · (317) 736-3300 Removal of external hemorrhoids by rubber banding | $505.60 | $632.00 | $182.98–$499.28 | 20% | May 5, 2026 source file |
| Eskenazi Health Indianapolis, IN · (317) 880-4818 HC Hemorrhoidectomy by Rubber Bands | $2,539.21 | $2,821.35 | $153.00–$2,821.35 | 10% | — source file |
| Eskenazi Health Indianapolis, IN · (317) 880-4818 HC Hemorrhoidectomy by Rubber Bands | $2,716.51 | $3,018.35 | $53.00–$3,018.35 | 10% | — source file |
Outpatient: lowest $505.60, median $1,522.41, highest $2,539.21 — a 5.0× difference within the same market.
As an inpatient, the same code is billed by 1 facility here, median $2,539.21. Inpatient and outpatient prices are not comparable and are kept on separate pages: the inpatient charge covers admission, not the same purchase.
Cash or insurance?
At 1 of 2 hospitals that publish insurer rates for this code here, the cash price is below the highest rate a health plan has negotiated, and at none is it below every plan's rate. If you have insurance but have not met your deductible, you usually pay your plan's negotiated rate, which falls somewhere in the "Insurers pay" column. Paying cash can cost less, but a cash payment usually does not count toward your deductible. Ask the hospital for both numbers before you book.
What it is
Hemorrhoid banding places small rubber bands around internal hemorrhoids so they shrink and fall off within about a week.
What the price covers
The price usually covers the procedure and numbing medicine. The visit may be billed separately.