Medicare-Medicaid Announces Low-Cost Equipment Providers

Whether you are a caregiver, a family member or a Medicare – Medicaid recipient, chances are that obtaining durable equipment has not been an easy task over the past few years.  The wait is usually longer than what would be desirable or comfortable, the approval process often takes forever and then some – if the approval comes at all, and then comes the price and financial issues. 

It is difficult enough to deal with a disability and many of the day-to-day issues surrounding taking care of yourself.  When you add the rest of the red tape including approvals, reviews, appeals, finances and more, the difficulties become strong barriers for individuals needing the most help to understand and/or over-come.

There is good news that was just released from Centers for Medicare and Medicaid Services.  CMS announced that there are 325 providers who have contracted with Medicare to provide certain services and equipment in 10 communities throughout the country including Kansas City.  These providers will provide the services and equipment at much lower prices than Medicare pays now.   

CMS sent out a press release stating that Medicare is pleased that beneficiaries living in the first round of 10 communities will be receiving high quality service and supplies they have been receiving, but it will be at a much more cost effective price. 

All of the companies that are suppliers have to meet Medicare’s requirements.  In addition, they must bid to receive contracts, and companies with the best combination of best bids and best products receive contracts with Medicare.  This will save Medicare and Medicare recipients an average of 26%, especially because Medicare recipients must pay co-pays in a lot of situations, so the 26% they save could end up being substantial.

If you have any questions regarding this information, contact CMS.  You can go on the internet at www.Medicare.gov, www.Medicaid.gov , or www.cms.gov .

Filed under: General-Medicare

Tags: CMS, equipment and services savings, General-Medicare, low cost equipment, medicaid