Letter from 167 Concerned Auction Experts on Medicare Competitive Bidding Program
Peter Cramton ()
Papers of Peter Cramton from University of Maryland, Department of Economics - Peter Cramton
We are economists, computer scientists, and operation researchers with expertise in the theory and practice of auctions. We write to express our concerns with the Medicare Competitive Bidding Program for Durable Medical Equipment operated by the U.S. Department of Health and Human Services. We believe that competitive bidding can be an effective method of controlling Medicare costs without sacrificing quality. However, the current auction program has flaws that need to be fixed before it can achieve the objectives of low cost and high quality.
Keywords: Medicare auctions; health care auctions; procurement auctions (search for similar items in EconPapers)
JEL-codes: D44 I18 (search for similar items in EconPapers)
Pages: 4 pages
Date: 2012, Revised 2012
References: Add references at CitEc
Citations: Track citations by RSS feed
Published in Letter to Chairman Stark, Health Subcommittee, Ways and Means, U.S. House of Representatives, 26 September 2010
Downloads: (external link)
http://www.cramton.umd.edu/papers2010-2014/comment ... medicare-bidding.pdf Full text (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pcc:pccumd:10ltcs
Access Statistics for this paper
More papers in Papers of Peter Cramton from University of Maryland, Department of Economics - Peter Cramton Economics Department, University of Maryland, College Park, MD 20742-7211.
Bibliographic data for series maintained by Peter Cramton ().