If you have been prescribed oxygen therapy by your physician, you might be concerned about the cost. Luckily, there are a few tips that you can follow so that you can save money on your therapy.
1. Use Your Insurance
Do not assume that you are on the hook for all of your oxygen therapy-related costs. If you were prescribed this therapy by your physician, there is a chance that your health insurance provider will help cover some of the costs. For example, if you are covered under Medicare, you should know that Medicare will help pay for this therapy. For example, if you have Medicare Part B, you will be expected to pay 20 percent of the Medicare-approved amount, and Medicare will take care of the rest. Other insurance providers offer similar assistance, so if you are unsure of whether or not your health insurance company will assist with your coverage.
2. Consider Renting Your Equipment
One option for saving money on your oxygen therapy is to rent your equipment rather than purchasing it. Then, you do not have to worry about the same high out-of-pocket costs in the beginning, and you can trade in your equipment or have it repaired if it gets worn out over time. Renting your oxygen equipment also means that you can trade it in and look for another option when necessary, such as if you want to switch to a portable oxygen tank that you can take with you when you are out and about.
3. Buy Supplies Online
As with many medical supplies, you can save money if you purchase your oxygen therapy supplies online. For example, purchasing connectors, humidifiers and other essential parts to go with your oxygen tank can be a good way to cut costs. There are online suppliers out there that offer the same products that the local pharmacies and medical supplies stores do, but since they do not have the same amount of overhead as these companies, they can often offer their products are more reasonable prices.
As you can see, if you are in need of oxygen therapy, you should not stress yourself out about the cost of receiving this therapy. It does not have to be as costly as you might think, and if you follow these three tips, you can save money on oxygen therapy while still getting the breathing assistance that you need. To learn more, contact a company like Broward A&C Medical Supply Inc.Share
26 July 2016
A need for medical equipment comes with a plethora of decisions. Where do you get the supplies? Can you buy the equipment you need cheaper if you buy it in bulk? Will your medical insurance cover the cost 100 percent or will you have to pay some out of pocket expenses? Having gone through this for the past eight years, I have learned a lot about how to get the best possible price on quality equipment for caring for my husband. This blog will show you how to go about buying what you need at the least expense to you and your family.