Iscussion 1 Week 4 Competitive Bidding and Long-Term Cost Savings”
Please respond to the following:
E-Activity: Review the GAO report titled a?Medicare: Issues for Manufacturer-Level Competitive Bidding for Durable Medical Equipment,a? located atd11337r.pdf, and then take note on the value of competitive bidding for long-term cost savings. Be prepared to discuss.
1. From the e-Activity, take a position on whether competitive bidding provides long-term cost savings when Medicare patients are being limited to the use of the lowest bidders for durable medical equipment. Support your position.
2. Elaborate on whether or not competitive bidding will remain a viable alternative when the Patient Protection and Affordable Care Act is fully implemented in 2014. Support your position. Discuss defining factors regarding the competitive bidding process and its survival or failure in the healthcare arena if Universal Health Care is implemented in 2014.