Insurance & Funding
Making Wearable Therapy™ accessible
We work with you to navigate insurance coverage and find funding options for your Wearable Therapy™ devices.
Many private insurance plans will not cover Wearable Therapy™ devices, Tripleflex or WalkAide. Prior approval may be necessary before delivery. Axiobionics requires payment prior to delivery of any of our products. Insurance filing will follow.
We Help You Get Covered
Navigating insurance coverage for medical devices can be complex. Our team is experienced in working with insurance companies and can help you understand your options and maximize your benefits.
Funding Sources
Private Insurance
Many private health insurance plans cover Wearable Therapy™ devices. Coverage varies by plan and condition.
- Coverage depends on medical necessity
- May require prior authorization
- Deductibles and co-pays may apply
- We assist with insurance verification
Medicare
Medicare will not cover any of Axio products. At the present time, Axiobionics is not a Medicare provider and are unable to submit medical bills to this organization.
- Axiobionics is not a Medicare provider
- Unable to submit bills to Medicare
- Contact us for alternative funding options
Medicaid
Axiobionics is not a Medicaid provider in any state, thus we are not able to submit claims.
- Not a Medicaid provider in any state
- Unable to submit Medicaid claims
- Medicaid Waiver program may be an option (see below)
Medicaid Waiver Program
The Waiver Program pays for specialized medical equipment that Medicaid does not cover. Wearable Therapy™ is not a covered item under Medicare/Medicaid, therefore it is eligible for Waiver coverage.
- Available in 44 states
- Programs typically fund up to ~$25,000 annually
- Covers equipment Medicaid does not
- Contact your state Medicaid office to apply
Workers Compensation
Work-related injuries may qualify for coverage through workers compensation insurance. Our devices can help with return-to-work goals.
- Must be related to workplace injury
- Supports return-to-work rehabilitation
- Coverage varies by state
- We work directly with WC carriers
Veterans Benefits
Veterans may qualify for coverage through VA healthcare benefits. Requires VA Dept. of Prosthetics authorization.
- Service-connected disability coverage
- VA healthcare enrollment required
- Requires VA Dept. of Prosthetics authorization
Michigan Rehabilitation Services (MRS)
If you are living with a disability and are working or want to go back to work, but your disability is getting in the way of your productivity or preventing you from working, MRS may be able to help you obtain the Axio product you need.
- For individuals with disabilities affecting work
- Vocational rehabilitation referral required
- May cover assistive technology devices
- Contact MRS or your state VR agency to apply
CareCredit Financing
CareCredit is a healthcare credit card that offers special financing options. Monthly payments can be as low as $21/month depending on the purchase amount.
- Apply online or in our office
- Special financing options available
- Payments as low as $21/month
- Accepted at our facility
Grants & Charitable Assistance
The following non-profit organizations and foundations have helped fund AxioBionics wearable therapy devices for qualifying individuals:
How We Help
Benefits Check
We verify your insurance benefits and explain your coverage options.
Documentation
We help gather necessary medical records and prescriptions.
Authorization
We submit prior authorization requests and track progress.
Appeals Support
If needed, we assist with appeals and additional documentation.
Common Questions
Ready to Check Your Coverage?
Contact us for a complimentary insurance verification. We'll help you understand your options and guide you through the process.