CPT 29550: Toe Strapping with Elastic Adhesive Tape
Medicare pays $20 and commercial payers pay $111 on average nationally for this procedure.
CPT code 29550 describes the application of elastic adhesive strapping to the toes to immobilize joints or muscles and limit abnormal motion for conditions such as strains, sprains, dislocations, and certain fractures; service type: therapeutic strapping/taping; typical site of service: outpatient clinic, orthopedics or podiatry clinic, or physical therapy setting.
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National Reimbursement Benchmarks
Medicare's national mean of $20 sits well below BUCA's average commercial level of $110.6, indicating Medicare reimbursement is roughly one-fifth of the BUCA commercial mean for CPT 29550. This gap highlights a significant disparity between federal program rates and a commercial benchmark that aggregates higher-paying contracts.
Examining dispersion using the interquartile range (P75–P25) clarifies variability across payers: Blue Cross Blue Shield has the widest IQR at $65.7 ($207.9–$142.2), while Aetna is the tightest with an IQR of $18.6 ($28.3–$9.1). UnitedHealth Group and Cigna show moderate spread with IQRs of $21.8 and $25.5 respectively, and BUCA's IQR is $55.2 ($134.3–$87.8). These differences reflect materially different contract concentration and outlier exposure across payers.