Health

Medicare Proposes Money Saving Changes For Diabetics

Posted: Jun 21, 2013 at 9:39 am   /   by   /   comments (0)

medNext month could see a major change from Medicare that could save older diabetics time and money while buying blood sugar testing equipment. The patients will have to make use of designated suppliers.

Medicare will open on July 1st a mail delivery program for supplying testing equipment. Other than the mail delivery, one can also get them at drug retailers who are enrolled in the Medicare program.

Many benefits accruing out of these changes.

This move is expected to save nearly $26 billion for the tax payers. This is done by cracking down on fraud and waste in the medical equipment industry. Not only diabetics but patients in need of hospital beds, home oxygen gear, power wheel chairs etc would also benefit with this move. The lower prices would be applicable nationally by 2016. On July 1st, 100 metro areas would be covered under this scheme.

The concern with this move is that several older patients might be forced to switch over to cheaper brands of blood sugar monitor and similar equipments.