HCPCS Code: L5840
Multi-Axis Knee and Shin Brace System (L5840)
Prices last updated: March 2026
Typical Healthcare System Prices
Private insurers typically reimburse about 2x the Medicare allowed amount.
Without insurance, providers typically charge 3–5x the Medicare allowed amount.
Original Medicare (Part B) covers 80% (~$3,612.00) after the $283 annual deductible. Your 20% coinsurance: ~$903.00. Medicare Advantage plans vary.
Estimated national averages. Actual costs vary by provider, region, and plan.
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About Multi-Axis Knee and Shin Brace System (L5840)
HCPCS code L5840 is the Medicare and insurance billing code for Multi-Axis Knee and Shin Brace System (L5840). This code is used by healthcare providers and insurance companies when prescribing and processing claims for this durable medical equipment (DME) item.
Knee braces and orthotic supports are prescribed to stabilize, protect, or immobilize the knee joint. They are commonly used after surgery, for chronic conditions like osteoarthritis, or during recovery from ligament injuries. Proper fitting is essential for effectiveness.
Many patients find that purchasing DME items like multi-axis knee and shin brace system (l5840) directly on Amazon can be significantly cheaper than going through traditional healthcare channels, especially for those with high deductibles or limited insurance coverage.
Frequently Asked Questions
What is HCPCS code L5840?
HCPCS code L5840 is the Medicare and insurance billing code for Multi-Axis Knee and Shin Brace System (L5840). Healthcare providers use this code when prescribing and billing for this durable medical equipment (DME) item.
How much does Multi-Axis Knee and Shin Brace System (L5840) cost?
The typical private insurance price for Multi-Axis Knee and Shin Brace System (L5840) is $9,030.00. If paying cash without insurance, expect to pay around $15,870.00. The estimated Medicare Allowed Amount is $4,515.00. The same or equivalent product is available on Amazon for approximately $4,761.00.
How much does Medicare pay for Multi-Axis Knee and Shin Brace System (L5840)?
The estimated Medicare Allowed Amount for Multi-Axis Knee and Shin Brace System (L5840) is $4,515.00. Under Original Medicare Part B, Medicare covers 80% (approximately $3,612.00) after the annual deductible ($283 in 2026). Your 20% coinsurance would be approximately $903.00. Medicare Advantage plan costs vary.
Can I buy Multi-Axis Knee and Shin Brace System (L5840) on Amazon instead of through my insurance?
Yes. Many durable medical equipment items covered under HCPCS code L5840 are available on Amazon at up to 70% less than typical healthcare prices. This can be a smart option if you have a high deductible, high copay, or no insurance coverage for DME.
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