Navigating the Insurance Maze: "Covered vs. Preferred"
Have you ever been given a free blood glucose meter, then discover the testing strips you need cost as much as your "free meter"? You may have been told the strips for your meter are "covered" on your insurance plan. That is often true. But are they "preferred" by your insurance plan?
Covered means your insurance plan will pay for part of the cost for the strips.
Preferred means your insurance plan has a contract with certain manufacturers, so you will pay less for the preferred strips than the covered strips. A good way to remember this is that you prefer to have preferred coverage.
Medicare part B pays for all strips at the same rate:
If you have questions or need assistance with this process, please contact the St.Vincent Diabetes Center at (317) 338-2349.