According to the National Diabetes Statistic Report 2020, Diabetes affected 34.2 million Americans in 2018. In other words, 10.5% of the US population had diabetes. Moreover, 11.5 million seniors age 65 or older were diagnosed with diabetes.
Therefore, it is important you know whether you are one of those millions of people who have diabetes. You may be at high-risk for diabetes if you have any of the following:
Medicare Part B covers diabetes screening if your doctor determines you are at risk or diagnosed with pre-diabetes. Furthermore, you may be eligible for up to two screenings per year. After you are diagnosed with diabetes or prediabetes, Medicare Part B covers the following supplies:
Moreover, with Medicare national mail order program, you can have diabetic testing supplies mailed directly to your home. Most importantly, Medicare covers outpatient diabetic self-management training (DSMT) to help you learn how to better manage your diabetes. As a result, you can learn how to monitor your blood sugar, eat healthy, exercise, and manage your prescriptions. Medicare Part B costs for diabetes self-management training is 20% of the Medicare-approved amount and $233 deductible in 2022.
You pay nothing for these preventive screening tests if your doctor or other qualified health care provider accepts assignment. In other words, these services are free to you when your doctor or provider agrees to be paid directly by Medicare and to accept the Medicare-approved payment amount. Therefore, for free services you will not be billed any more than Medicare Part B deductible cost of $233 in 2022. The table below show you the cost of preventive screening services covered by Medicare Part B:
In 2021, Part B deductible costs $203. However, in 2022 this cost increased to $233. After you pay the deductible, you may owe 20% coinsurance on Medicare-approved amounts. Your coinsurance costs can add up to thousands of dollars especially for outpatient surgeries or chemotherapy. Moreover, there is no limit or cap on your 20% co-insurance cost. Therefore, your costs can add up to tens of thousands of dollars or more!
You can avoid unlimited co-insurance expenses by getting a Medicare supplemental plan. Then you can have fixed costs no matter how often you need medical care.