Insurance for Prosthetics

Financial Policy

Thank you for choosing Prosthetic Solutions as your provider of prosthetic services. We are committed to providing you with quality service.   Because some of our patients have had questions regarding patient and insurance responsibility for services received, we have decided to develop this financial policy to help you understand. Please download our financial policy and read our policy, ask any questions you may have, and sign in the space provided. A copy will be provided to you upon request.  We want to make sure that you are informed of your coverage and responsibilities and are happy with your decision.

Insurance

We participate in most private insurance plans, including Medicare & Medicaid.  If you are insured by a plan we do business with please make sure we have a copy of your most recent insurance card, so we are able to verify your coverage. Knowing your insurance benefits is your responsibility. Please contact your insurance company with any questions you may have regarding your coverage.

Co-payment and deductibles

This arrangement is part of your contract with your insurance company. Failure on our part to collect co-payments and deductibles from patients can be considered fraud. Please help us in upholding the law by paying your co-payment at each visit.

Non-Insurance covered services

Please be aware that some – and perhaps all – of the services you receive may be non-covered or not considered medically necessary by Medicare, Medicaid or other insurance companies.  We will do our very best to make these services known so you can be informed. You must make arrangements for these services in at the time of your visit.

Claims submission

We will submit your claims and assist you in any reasonable way we can to help get your claims paid. Your insurance company may need you to supply certain information directly. It is your responsibility to comply with their request. Please be aware that the balance of your claim is your responsibility whether or not your insurance company pays your claim. Your insurance benefit is a contract between you and your insurance company; we are not a party to that contract.

Payment Arrangements

Prosthetic Solutions of Indiana wants to make your co-pay and/or deductible payment as painless as possible. We are here to discuss one-on-one  a plan that you are capable of paying.

We are here to help-

The knowledgeable staff at Prosthetic Solutions of Indiana will assist you in researching your insurance benefits and will explain the amount of coverage available for the services being requested. Financial assistance may be needed if your insurance doesn’t meet your needs. There have been several foundations that have been created to assist those with needs to help cover the costs of your prosthetic device. We have a short list of a few resources that may be available to you:

Barr Foundation – The mission of the Barr Foundation is to help purchase prosthetic limbs for amputees who cannot afford them. www.oandp.com/barr

Limbs for Life Foundation – The mission of this organization is to be a financial bridge for amputees to receive a prosthetic limb who otherwise cannot afford it. Limbs for Life is committed to help amputees gain their independence.www.limbsforlife.org

OPAF – The mission of this organization is enabling individuals served by the orthotic and prosthetic community
to enjoy the rewards of personal achievement, physical fitness and social interaction. http://www.opfund.org

Vocational Rehabilitation Services– These services are provided by each state and assist people with disabilities to secure jobs in the field of their choice and in some cases providing financial assistance for prosthetic and orthotic devices.

 Veteran’s Administration – For veteran’s only.

Challenged Athletes Foundation – The Challenged Athletes Foundation assists people with physical disabilities in pursuing active lifestyles through physical fitness and competitive athletics. www.challengedathletes.org.

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