Heavy price: Medicare overpaying for back braces

UPDATED 4:05 AM EST, December 19, 2012

WASHINGTON (AP) — You can find it on the Internet for $250 or less. But if Medicare is paying, a standard-issue brace for back patients costs more than $900.

In a report expected Wednesday, federal investigators say Medicare paid an average of $919 for back braces that cost suppliers $191 apiece, providing a window on how wasteful spending drives up health care costs.

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