Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
Medicare Part B does not cover the insulin prescription itself - that can be covered by prescription drug coverage under a stand-alone Part D plan.
An exception to this to have insulin covered under Part B is when insulin is administered via a medically necessary insulin pump - under this scenario, an external insulin pump and the insulin may be covered as durable medical equipment.
Part B can cover certain diabetic test supplies as durable medical equipment (DMEs) such as glucose testing monitors, test strips, lancet devices, and lancets.
Medicare would pay for 80% of Part B covered expenses - you would be responsible for the other 20%. A Medigap plan can cover the other 20% of expenses for you.
If you're looking for a Medigap plan or are interested in seeing if a lower rate is available compared to your existing plan (Medigap plans are standardized), please feel free to contact me for help. Thanks very much.
.JPG){kind=avatar}
An exception to this to have insulin covered under Part B is when insulin is administered via a medically necessary insulin pump - under this scenario, an external insulin pump and the insulin may be covered as durable medical equipment.
Part B can cover certain diabetic test supplies as durable medical equipment (DMEs) such as glucose testing monitors, test strips, lancet devices, and lancets.
Medicare would pay for 80% of Part B covered expenses - you would be responsible for the other 20%. A Medigap plan can cover the other 20% of expenses for you.
If you're looking for a Medigap plan or are interested in seeing if a lower rate is available compared to your existing plan (Medigap plans are standardized), please feel free to contact me for help. Thanks very much.