Best Diabetic Supply Companies That Accept Medicare (2021)
Diabetic supply companies that accept Medicare may require both Medicare Parts B and D to cover approved costs. If you have met your deductible and have the appropriate coverages, Medicare will cover 80% of the cost of diabetic supplies. However, every company will charge different rates. Look closely at quotes from diabetic supply companies that take Medicare to avoid large out-of-pocket costs.
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UPDATED: Oct 26, 2021
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- There are many diabetic supply companies covered by Medicare
- You need Medicare Parts B and D to pay for diabetic supplies
- Medicare will pay 80% of approved costs once your deductible is met
Millions of people struggle with diabetes, and Medicare will help with those costs for older Americans.
Although there are many diabetic supply companies that accept Medicare, you will need to be enrolled in both Medicare Parts B and D to cover all different types of diabetic supplies.
Each company will also charge different prices, so shop around to find the most affordable diabetic supply companies that accept Medicare.
Keep reading to learn more about diabetic supply companies that take Medicare. Enter your ZIP code to compare free quotes from insurance companies that offer Medicare coverage.
What diabetic supply companies accept Medicare?
According to the American Diabetes Association, over 10% of the population has diabetes, and over 26% of seniors are diabetic.
Diabetic complications in seniors might include nervous system problems, hypoglycemia, and even brain problems. Diabetes is a serious disease that requires immediate and proper treatment.
Diabetes requires regular checkups as well as a variety of supplies to keep healthy. This is where Medicare comes in.
Medicare is health insurance offered by the government to Americans age 65 and older. While not everything is covered by Medicare, certain doctors, treatments, and supplies are covered.
Diabetic supply companies covered by Medicare include:
- Byram Healthcare
You can easily find other suppliers as well. For example, Liberty diabetic supplies accepts Medicare, too.
You will need both Medicare Parts B and D to cover not only your diabetic supplies but also your doctor visits and treatments need to keep your diabetes under control.
Medicare will pay 80% of approved costs after your deductible is met, but you are responsible for the other 20% as well as any costs not covered.
There are many diabetic supply companies that take Medicare to choose from, but they are not all equal. Medicare negotiates approved pricing for supplies, but that doesn’t mean that companies can’t charge over those rates or offer supplies not covered.
The best way to avoid having to pay for supplies yourself is to compare rates from diabetic supply companies that accept Medicare. That way you know upfront what costs you will have to cover.
You should also consider adding additional Medicare insurance to help with those extra costs and copays. There are several Advantage plans to choose from to meet your needs.
Enter your zip code below to view companies that have cheap insurance rates.
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What diabetic supplies does Medicare cover?
Medicare is broken into various parts that all cover different needs. You will need to be enrolled in both Medicare Parts B and D to cover your diabetic supplies.
Medicare Part B will cover:
- Screenings if it is determined you are at risk for diabetes
- Training for how to manage your diabetes
- Supplies to monitor your blood sugar at home such as test strips and lancets
- Insulin pumps
- Therapeutic shoes and foot exams if you are having diabetic foot issues
Medicare Part D will cover:
- Anti-diabetic drugs such as glucose
- Insulin that isn’t administered by a pump
- Medical supplies such as syringes and alcohol wipes used to administer insulin
Keep in mind that Medicare only pays 80% of these costs. You will have to pay any costs not covered.
If you are diagnosed with diabetes, take advantage of any education and training available to you to learn how to manage and treat your condition.
Diabetic Supply Companies that Accept Medicare: The Bottom Line
While you can easily find diabetic supply companies that accept Medicare, some companies will charge higher prices than others.
Medicare will pay 80% of approved costs, but you need both Parts B and D since each part covers different supplies.
Consider adding additional Medicare coverage such as an Advantage plan to help pay for supplies not covered by original Medicare.
Compare quotes from diabetic supply companies that accept Medicare to avoid high costs not covered on items that you need.
Now that you know more about diabetic supply companies that accept Medicare, enter your ZIP code now to compare quotes from insurance companies that offer Medicare coverage for free.