Tag Archives: Healthcare costs
July 1st, 2013 | 0
On July 1, Medicare begins a second round of competitive bidding for medical equipment and supplies, such as diabetes testing strips that beneficiaries use to check their blood sugar levels. There’s nothing remarkable about any of this except that the industry is fighting to make sure that competitive bidding does not happen.
This fight is emblematic of the difficulty Medicare has containing costs when the profits of sellers of medical goods and services are at stake. As we know, one person’s savings is often the loss of another’s income. We also know that industry folks squawk mighty loudly to Congress when their income is threatened.Continue Reading
We do not endorse or guarantee the completeness, accuracy or reliability of any answers, messages, blog posts or other material posted in the Community, and we do not endorse any opinions they express.