Bandages - Wander City

Trump Administration Delays Plan to Limit Pricey Bandages

alishpagda08@gmail.com2 months ago04 mins

The Trump administration announced Friday it would delay the implementation of a Biden-era rule meant to restrict coverage of unproven and costly bandages known as skin substitutes. The policy will be delayed until 2026, allowing companies to continue setting high prices for new products, taking advantage of a loophole in Medicare rules. The companies sell…

Medicare Bleeds Billions on Pricey Bandages, and Doctors Get a Cut

alishpagda08@gmail.com2 months ago05 mins

Companies can set such high prices because of a quirk in Medicare pricing rules, industry experts said. For the first six months of a new bandage product’s life, Medicare will set the reimbursement rate at whatever price a company chooses. After that, the agency adjusts the reimbursement to reflect the actual price paid by doctors…