Call us: 1.877.283.7882 | Monday–Friday: 8:00 AM–4:30 PM ET

Private MD News

Home | News | Diabetes

Medicare program to reduce out-of-pocket costs for seniors

Category: Diabetes

Seniors who use blood glucose tests to monitor their health are probably well informed about the kind of work that goes into to ensuring overall wellness, especially when coping with a condition like Type 2 diabetes.

In addition to taking the right treatments and using lab tests online whenever possible to get an overall sense of their health, seniors are often eager to save money where they can in other ways. On July 1, they'll be able to benefit from new measures by Medicare.

Beginning next month, those who qualify for Medicare and who are affected by Type 2 diabetes will qualify for a cost-saving program that helps reduce the price of some much-needed treatments.

In order to reap the benefits of this service, individuals will need to order their supplies through a national mail-order program or a Medicare-approved pharmacy, HealthDay News reported.

"We're hopeful that approved providers for diabetic testing supplies will offer people a better value for their needed mail-order purchases and ensure that consumers and taxpayers are getting the best price for their supplies," said Ariel Gonzalez, director of federal health and family advocacy for AARP.

According to the news source, right now individuals with Type 2 diabetes and Medicare receive about $77.90 worth of medical supplies, including 100 blood sugar test strips and lancets. The latter are needles that people use to draw a drop of blood, per month.

Recipients are expected to pay about 20 percent of this overall expense, which can amount to roughly $15.58 per month. However, with the new program that will take effect, the cost of Medicare supplies will drop to $22.47 and each Medicare recipient will only be expected to pay roughly $4.50.

This is the result of a competitive bidding process that was established in the Medicare Prescription Drug, Improvement, and Modernization Act of 2003.

Related Articles from Private MD:

Share on Facebook

Subscribe to Private MD Health News RSS Feed: Subscribe

News Categories:

Advanced Lipid Treatment I   Allergy Testing   Anemia and RBC disorders   Autoimmune Diseases   Bariatric Lab Testing   Blood and Blood Diseases   Breast   Cancer Detection and Tumor Markers   Celiac Disease Testing   Chlamydia   Coagulation and blood clotting disorders   Colon   Diabetes   DNA, Paternity and Genetic testing   Drug Screening   Environmental Toxin Testing   Female Specific Tests   Gastrointestinal Diseases   General Health   General Wellness   Heart Health and Cholesterol   Herpes   HIV   HIV monitoring/Treatment/Testing/Post Diagnos   Hormones and Metabolism   Infectious Diseases   Infertility Testing-Male   Infertitlity Hormone Testing   Kidney Diseases   Leukemia and WBC disorders   Liver   Liver Diseases   Lyme Disease   Male Specific Tests   Menopause/Peri-Menopausal Diagnosis   Musculoskeletal Diseases   Organ Specific Testing   Ovarian   Prostate   Sexually Transmitted Diseases   Thyroid Diseases   Transgender Hormone Testing-female to male   Transgender Hormone Testing-Male to Female   Vitamin D Deficiency-Diagnosis and Treatment   

Visit the Health News Archive: Click Here

Questions about online blood testing or how to order a lab test? Click here to get started or call us toll-free at 1.877.283.7882. Our professionals are ready to assist you.

Back to top