Tag: electricity costs
New abstract highlights ‘hidden’ costs of DME
December 30, 2024HME News Staff
YARMOUTH, Maine – A careful cost-benefit approach to covering DME electricity costs under insurance programs should consider the potential improved health and the reduced mental strain from financial worries, as well as potential increases in Medicare spending, according to a new abstract published in Nature.
As there is an increase in the consumption of these devices, more careful consideration should be devoted to possible insurance policy coverage of these “hidden” out-of-pocket...
Study looks at connection between electricity cost, health outcomes
October 27, 2021HME News Staff
YARMOUTH, Maine – Policymakers should consider the high costs of operating oxygen equipment and other DME, especially for low-income individuals who obtain equipment from the Medicare or Medicaid programs, according to a new study published in JAMA Network. Researchers obtained DME data from CMS for 2018 and annual electricity cost data from the U.S. Energy Information Administration Electricity Data Browser for each state at residential delivery prices. Depending on the needs of the patient,...