Do Beneficiaries still have to meet their deductible and pay a 20% coinsurance?
Yes. Medicare patients are still required to meet the annual deductible. After they have paid their annual Part B deductible, Medicare pays 80% of the Medicare-approved amount for equipment, supplies and services, and patients are responsible for a 20% coinsurance. However, when Medicare Beneficiaries choose to receive their Diabetes Testing Supplies through Mail-order in the CBAs, they will save approximately 43% off of the current copay amount. For more information, visit www.dmecompetitivebid.com. *Adapted from http://www.dmecompetitivebid.com/palmetto/CBIC.nsf/files/FAQs_English “What You Should Know if You Need Medicare-covered Equipment or Supplies – Information About the Medicare DMEPOS Competitive Bidding Program.” 04/11/08.
Related Questions
- After the deductible has been met, what is the coinsurance maximum —the amount I have to pay before the plan begins to pay 100 percent of my covered expenses?
- If I have an outpatient surgical procedure, do I have to pay an office visit copay in addition to the deductible and coinsurance?
- Do I have to pay a copay, deductible or coinsurance when obtaining a UMatter Preventive Care service?
