Trump admin to finally cap price of weird bandages that cost $10 billion last year

Trump admin to finally cap price of weird bandages that cost $10 billion last year

Trump administration has delayed a Biden-era fix twice, but is now set to cap price.

Trump admin to finally cap price of weird bandages that cost $10 billion last year - WorldNL Magazine

Crackdowns In 2019, before the rule change, Medicare paid about $250 million for these types of skin substitute bandages. However, total spending rose about 40-fold in 2024 to over $10 billion. Realizing this was a problem, the Biden administration introduced a new policy in April 2024 that would cover the bandages for certain types of leg and foot ulcers, only for bandages that had gone through high-quality testing and had shown an advantage ov…