An issuer of a medicare supplement policy or certificate shall not be required to reimburse a supplier or beneficiary in an amount greater than one hundred fifteen percent of the medicare-approved amount for durable medical equipment, prosthetics, orthotics, or supplies. Nothing in this section shall be construed to prevent an issuer from negotiating the level and type of reimbursement with a supplier for covered durable medical equipment, prosthetics, orthotics, or supplies.

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Nebraska Statutes 44-3613

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC