Does The Good Feet Store Accept Insurance?

No, the Good Feet Store does not accept public or private health insurance for its products. This is because their products, including arch supports, are not classified as custom orthotics and therefore cannot be billed as medical devices.

While many health insurance policies cover hospital stays, doctor services, medical supplies, prescription drugs, and even orthotics when prescribed by a doctor, the cost of creating the orthotics may not be covered. Therefore, it’s always advisable to check with your insurance provider first.

Medicare enrollees, typically pay 20% of the approved amount for orthotics when these devices are purchased from a participating supplier.

In certain cases, orthopedic footwear or corrective shoes and foot orthotics may be covered when they are deemed medically necessary, as defined in Wis. Admin. Code § DHS 101.03(96m). However, this may not apply to the products offered by The Good Feet Store.

In response to the question, “Is Good Feet Store covered by insurance?” – typically, their products are not eligible for insurance coverage or reimbursement. However, it’s always recommended that customers consult their individual insurance providers to fully understand what their specific plan covers and doesn’t cover.

This article covers the various health insurance coverage policies and explores which types are applicable to arch supports. Additionally, we will provide information on alternative payment options to consider.

What Types of Insurance Plans Are Accepted at The Good Feet Store?

The Good Feet Store does not accept any insurance plans, including employer-sponsored ones, even if your healthcare provider considers orthotics as medically necessary.

While arch supports are commonly used and some people might need them at some point, it’s important to note that not all insurance plans cover them. Despite their similarity to orthotics or prosthetics, which many health plans cover, arch supports are often excluded from insurance coverage.

The Good Feet Store arch supports are “off the shelf,” which means they are pre-made and not tailored to an individual’s specific needs, so there is no requirement for a prescription.

The extent of insurance coverage for arch supports varies based on your specific healthcare plan. While some health insurance plans do not cover orthopedic devices like shoe inserts and footpads, others may offer financial assistance, particularly if these devices are prescribed by a healthcare provider.

This might include braces for the arm, neck, back, or leg, or orthotic shoes. The degree of coverage for these products can vary significantly between plans.

Whether your insurance will cover the cost of arch supports largely depends on your specific plan. The approach towards orthotics by employer healthcare plans can also be challenging to determine, so it’s always recommended to check with your insurance provider for the most accurate information.

Does The Good Feet Store Accept Medicare?

No, The Good Feet Store does not accept Medicare. While Medicare does provide coverage for a variety of healthcare services and supplies, it does not extend coverage to the products offered by The Good Feet Store. These products are not considered custom orthotics that can be billed as medical devices under Medicare.

Medicare, a federal program, provides health coverage for individuals aged 65 or older or with certain disabilities. It is composed of several parts, including Part A (hospital insurance), Part B (medical insurance), and Part D (prescription drug coverage). Part A covers hospital stays and some home healthcare services, while Part B covers doctor visits and outpatient care. Part D offers coverage for prescription medications.

Despite the wide array of services covered by Medicare, it’s crucial to note that not all medical devices and supplies are covered. As such, it’s always advisable to check with your Medicare plan or contact Medicare directly to verify what is and isn’t covered before making a purchase.

Does The Good Feet Store Accept Medicaid?

The Good Feet Store does not accept Medicare. Furthermore, the acceptance of Medicaid for orthotics can vary by state. Orthotic devices are designed to correct foot and ankle alignment and alleviate associated pain. Doctors might recommend custom orthotics, which are designed to fit an individual’s feet using casts.

Medicaid, a joint federal and state program, mandates coverage for certain benefits while leaving others, like orthotics, as optional and thus subject to state discretion. As of 2021, 44 states and the District of Columbia include orthotics in their optional benefits.

Mississippi, however, does not cover orthotics under its Medicaid plan. For states like Illinois, Iowa, Nevada, New York, and South Carolina, it’s recommended to contact the state Medicaid office for more information as it’s not publicly available.

Does The Good Feet Store Accept Tricare?

TRICARE, a government-sponsored health insurance program for active duty, reserves, retired military members, and their eligible family members, does cover orthotics. This includes devices like shoes, shoe inserts, shoe modifications, and arch supports if they are necessary to protect, support, or improve the function of movable body parts.

TRICARE covers orthotic braces, including associated shoes, inserts, and heel/sole replacements, provided the shoe is integral to the brace, and neither can be used separately. Arch supports and shoe inserts designed to alter foot shape or alignment are also covered.

However, despite TRICARE’s coverage for orthotics, The Good Feet Store does not accept TRICARE or any other insurance.

Why Good Feet Store Doesn’t Accept Medical Insurance?

The Good Feet Store does not accept medical insurance because arch supports are generally not considered a medical necessity by insurance companies.

They are often viewed as convenience or comfort items, and insurance policies commonly exclude coverage for specific types of orthotic devices, including arch supports. Insurance companies tend to prioritize coverage for treatments related to diagnosed medical conditions rather than items for general foot care or well-being.

Additionally, insurance policies typically have limitations on coverage for non-prescription items or those not directly linked to a medical condition.

Are There Other Payment Options Available at The Good Feet Store Besides Insurance?

Yes, The Good Feet Store offers alternative payment options besides insurance. One such option is a line of credit with CareCredit, a credit provider known for its high-interest rates.

Good Feet Store encourages customers, especially those facing financial constraints, to open an account with CareCredit. CareCredit provides financing for healthcare expenses, including Good Feet’s orthotics. However, CareCredit can charge interest rates of up to 26.99%.

There is a financial connection between Good Feet Store and CareCredit. The store benefits financially when customers choose to pay for their orthotics using CareCredit, indicating a financial partnership between the two entities. In this arrangement, Good Feet Store receives rewards every time a customer opens a CareCredit account.