Wednesday, August 12, 2009

Study Shows That Competitive Bidding Benefits Insurance Companies And Forces Many Seniors To Use Out-of-State Providers

Centers for Medicare and Medicaid Services (Me...

Image via Wikipedia

Technorati Tags: ,

The American Association for Homecare hosted a media conference call yesterday, unveiling a new economic study that exposes severe flaws in the Medicare competitive bidding program for durable medical equipment and services. The bidding program is set to re-start this October. The study, released today by Brian O'Roark, PhD, of Robert Morris University, found that the federal Centers for Medicare and Medicaid Services drastically misread the marketplace and that the current competitive bidding program reduces overall competition and hurts the quality of patient care.
The full report and a summary of findings are available at http://www.aahomecare.org.

Study Shows That Competitive Bidding Benefits Insurance Companies And Forces Many Seniors To Use Out-of-State Providers

Reblog this post [with Zemanta]

No comments: