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Medicare bidding competition in danger: Our view
USA Today

In 2010, Medicare spent more than $14 billion on oxygen devices, mobility scooters, diabetes test strips and other “durable medical equipment” and supplies that patients use at home. For taxpayers, and for beneficiaries with a 20% co-pay, that was about $5 billion too much. Everyone overpaid because for years, Medicare bought or rented things like this on a fee schedule set by Congress, for prices that had nothing to do with normal market competition.

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