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Medicare reverts to bigger payments for equipment suppliers

An electric scooter in a nursing home.
A new regulation benefits companies that make medical equipment, like scooters. Photo: Robert Nickelsberg/Getty Images

The Trump administration on Wednesday signed off on a regulation crafted during Tom Price's days that will revert to a system in which Medicare will pay medical equipment suppliers more money, starting June 1 and going through the end of the year.

The bottom line: Companies that make oxygen tanks, scooters, insulin pumps and other medical equipment will get $360 million in additional revenue this year, with taxpayers and seniors footing the bill.