Nebraska Statutes 44-3613. Durable medical equipment, prosthetic, orthotic, or supply; reimbursement
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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.
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