DESIGNED TO FAIL: THE MEDICARE AUCTION FOR DURABLE MEDICAL EQUIPMENT
نویسندگان
چکیده
منابع مشابه
Designed to Fail: the Medicare Auction for Durable Medical Equipment
We examine the theoretical properties of the proposed auction format for Medicare Durable Medical Equipment. The format was used in a pilot auction in November 2009 covering nine cities and is planned for use in 100 cities in 2010. Two unusual features of the Medicare auction are 1) non-binding bids and 2) a median pricing rule in which winners are paid the median winning bid, rather than the c...
متن کاملAn Auction for Medicare Durable Medical Equipment: Evidence from an Industry Mock Auction
On 1 April 2011, 110 stakeholders in the Medicare Durable Medical Equipment (DME) industry came to the University of Maryland to discuss how the CMS’ current competitive bidding program could be improved. The participants included Medicare providers, government leaders, and auction experts. A major part of the event was the conduct of a mock auction based on the auction design proposed in Cramt...
متن کاملMedicare Beneficiary Satisfaction with Durable Medical Equipment Suppliers
CMS has recently launched a series of initiatives to control Medicare spending on durable medical equipment (DME) and prosthetics, orthotics, and supplies (DMEPOS). An important question is how these initiatives will affect beneficiary satisfaction. Using survey data, we analyze Medicare beneficiary satisfaction with DMEPOS suppliers in two Florida counties. Our results show that beneficiaries ...
متن کاملReimbursement for Durable Medical Equipment
The use of durable medical equipment in the home, while not a recent development, was formally recognized by the Congress with the passage of the original Medicare legislation. Since that time the statute has been amended to provide for a more workable, economical, and desirable interface among the administrative, supplier, and user communities. To assist in achieving this end, a research proje...
متن کاملDirect-to-consumer marketing of durable medical equipment.
T commercials are pervasive. Every time I hear the line, “I got a new scooter, and it didn’t cost me a dime,” I get an uneasy feeling, since the main message comes across as how to get “free stuff” from Medicare. It’s not surprising that some of the companies that provide scooters, oxygen, diabetes supplies, and various durable medical equipment (DME) have been investigated for fraud and abuse....
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ژورنال
عنوان ژورنال: Economic Inquiry
سال: 2014
ISSN: 0095-2583
DOI: 10.1111/ecin.12101