Medicare paid an average of $919 for beneficiaries’ back braces between 2010 and 2011 — four times greater than the average $191 cost to suppliers, according to a report from the HHS Office of the Inspector General.
The overpayments during that time period amounted to $37 million more than the suppliers’ cost.
The report recommended the braces be included in a competitive bidding initiative in the future intended to tamp down Medicare spending.
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