Navigation Links
President's Budget Declares War on Medicaid Recipients
Date:2/14/2012

WASHINGTON, Feb. 14, 2012 /PRNewswire-USNewswire/ -- The Center for Regulatory Effectiveness reports that the President's Budget proposes to slash reimbursement to state Medicaid programs for beneficiaries who use home oxygen and other Durable Medical Equipment.  The proposed budget would cripple the ability of Medicaid beneficiaries to remain in their homes. Instead of protecting the viability of home medical care as a cost-saving alternative to more frequent hospital admittances and prolonged nursing facility care, the Budget proposes to extend a discredited payment system which is already reducing Medicare beneficiaries' access to life-sustaining care.

The Medicare program for acquiring home medical equipment program, misleadingly called "Competitive Bidding" has been discredited by Congressional and academic experts.

At a Medicare conference co-sponsored by the University of Maryland and the National Science Foundation, the Congressional Budget Office's Chief Medicare Cost Estimator explained that unless the bidding program is changed, "I think there is a high probability of failure in the near future. There is near certainty of failure sometime down the road."

Over two-hundred forty academicians including several Nobel laureates starkly warned the President that the DME Competitive Bidding program's "complete lack of transparency is inappropriate for a government auction" and that "the CMS design is not an auction at all but an arbitrary pricing process."

The economists and auction experts further warned that the Medicare program which the President proposes to extend to Medicaid "is the antithesis of science and contradicts all that is known about proper market design."

Data from a Freedom of Information Act request demonstrates that provision of essential equipment ranging from diabetic supplies to oxygen  plummeted by over 60% sharply increasing the risk of hospitalization and death – a de facto war on older Americans that the Administration is seeking to extend to lower income citizens.

The combination of increased taxpayer spending for expensive hospitalizations and in-patient care with job losses throughout the home medical equipment service and supply industry will leave increased medical costs and unemployment in its wake.

Medicaid and Medicare beneficiaries, their families and their advocates should write the Secretary of HHS to demand: 1) a moratorium on the DME competitive bidding program; and 2) that during the moratorium that the Department issue a notice in the Federal Register requesting public comment on its decision to violate the most basic principle of auctions by not requiring that the bids be binding.


'/>"/>
SOURCE Center for Regulatory Effectiveness
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Sustainability in the Global Medical Devices Industry 2011-2012: Market Trends and Opportunities, Profitability and Budget Forecasts, Medical Devices Industry Procurement and Marketing Initiatives
2. Disability, Consumer, Caregiver, Provider Groups Urge Super Committee to Reject Budget Cuts that Restrict Access to Healthcare at Home
3. Sustainability in the Global Pharmaceutical Industry 2011-2012: Market Trends and Opportunities, Profitability and Budget Forecasts, Pharmaceutical Industry Procurement and Marketing Initiatives
4. Key Challenges for Pharma Medical Affairs Functions Include Budget & Headcounts
5. Pharmaceutical Medical Affairs Functions Get a Boost in Budget, Staffing
6. Budget Solution? Modernizing Medicaid Pharmacy Could Save Florida $473 Million
7. NACDS, NCPA Provide Insights to Governors and State Medicaid Directors Confronting Medicaid Budgetary Challenges
8. Medical Affairs Budget & Staffing Remain Top Challenges Despite Increased Funding
9. Unilens Vision Inc. Declares Quarterly Cash Dividend of $0.045 Per Share
10. BD Board Declares Dividend
11. Kensey Nash Corporation Adopts Cash Dividend Policy; Declares Initial Quarterly Dividend of $0.25 per Share
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/18/2017)... -- Research and Markets has announced the addition of the ... Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering. ... Vital signs monitoring market ... $5,491 million by 2022, growing at a CAGR of 5.8% from 2016 ... the leading regional market in global vital signs monitoring devices industry. The ...
(Date:1/18/2017)... Jan. 18, 2017  Adaptive Sound Technologies, Inc. (ASTI), the ... partnership with Hyatt Place Nashville/Downtown to deliver the best ... sleep therapy machines in over two hundred of its ... important parts of having a great stay is sleeping ... Hyatt Place Nashville/Downtown. "We,re pleased to be able to ...
(Date:1/18/2017)... , Jan. 18, 2017   Regenicin, Inc. ... biotechnology company specializing in the development and commercialization of ... tissues and organs, recently reported the Company,s operating results ... 2017. As the Company described in its ... a year of substantial accomplishments. The Company,s contract laboratory ...
Breaking Medicine Technology:
(Date:1/19/2017)... ... ... Students interested in video can get a jump start on their education ... $1,000 scholarship and have his or her video posted on the GenCure website and ... with the winner announced on June 9. , The competition is designed to help ...
(Date:1/19/2017)... ... January 19, 2017 , ... Sam & Associates Insurance Agency, a full ... clients in the California Bay Area, is launching a charity drive to raise awareness ... Heart disease is the primary killer of adult men and women in America, and ...
(Date:1/19/2017)... ... January 19, 2017 , ... Attorney Robert “RC” ... consecutive year donated money to the Triumph Over Kid Cancer foundation. Each year, 175,000 ... of those children. James saw firsthand the effect of the critical funding gap for ...
(Date:1/19/2017)... ... January 19, 2017 , ... Connecticut Dermatology Group (CDG) is proud and excited ... compassionate dermatologist. Dr. Kim brings an extensive background in cutting-edge dermatology care and ... pleasure to welcome back Dr. Kim to the CDG team” said President and Managing ...
(Date:1/19/2017)... ... January 19, 2017 , ... Each ... Surgery Symposium, a conference where hundreds of surgeons from over fifteen different countries ... topics from cosmetic breast augmentation to breast reconstruction for breast cancer ...
Breaking Medicine News(10 mins):