Finally, Some Good News for Medicare Recipients      

Durable equipment, such as wheelchairs, walkers, hospital beds and other medical equipment has long been the subject of frustration because of their costs.  If an individual has Medicare, often Medicare pays for some or all of these items, with little cost to the recipient.

 

However, the costs of much of this equipment are extremely high, and not affordable to most Medicare recipients.  Even though Medicare helps with the expenses, there are still issues that are being addressed. 

 

Medicare has determined that the costs are too high for them, as well.  They have proposed a solution that would help consumers and help the Medicare program itself.  To save money for recipients and the Medicare system, Medicare wants to institute a competitive bidding process for some durable medical equipment.  This would mean that companies that supply these items would have to bid toward the lowest price in order to be given contracts through Medicare.  In addition, these lower price savings would be passed on to Medicare Beneficiaries. 

 

On the surface this seems like a good idea, and in many cases, it would work.  The problem is that many of the companies that provide this equipment are small businesses that have a small profit margin.  Some of these businesses have no room to decrease their prices and as a result, might be shut out of the process of providing durable equipment through Medicare.  This could severely cripple the businesses or even put them out of business.

 

Another drawback is that there would probably be fewer choices for Medicare recipients along with fewer knowledgeable providers.  Patients might have to switch from their current providers to a new one that they don’t know.  Some beneficiaries have been affected already, as the bidding process has started. It is taking longer to get their equipment.  A high percentage of providers have already had to cut back or go out of business.

 

In the long run, things will even out.  In the short term, however, if you are a Medicare recipient, try to deal with durable equipment in advance.  Put your order in early, and try to be patient as everything is sorted out.  We can all be hopeful that the discounts will truly be passed on, saving beneficiaries money on essential equipment they need.

 

Entry Filed under: Electric Wheelchairs & Scooters, Home Medical Equipment (HME)