"Sometime late this summer—the Friday before Labor Day if historical patterns hold—the Centers for Medicare and Medicaid Services (CMS) will announce the beginning of something called Medicare Round Two of “the Competitive Bidding Program for certain Durable Medical Equipment, Prosthetics, Orthotics, and Supplies.” Although it sounds obscure, this bidding process’s manifest flaws could have serious consequences for just about every American who needs medical care. Shortages of vital devices could develop, medical supply companies could go out of business, medical innovation could slow, and, if things go as badly as some economists think they will, health care costs could skyrocket as the direct result of a program intended to control them."
[Weekly Standard]
No comments:
Post a Comment