Reps circulate 'Dear Colleague' letter for MPP
WASHINGTON – Reps. Glenn Thompson, R-Pa., and Jason Altmire, D-Pa., are asking all co-sponsors of H.R. 1041, a bill that would repeal competitive bidding, to sign on to H.R. 6490, a bill that would replace competitive bidding with a market-pricing program (MPP), according to The VGM Group. Their “Dear Colleague” letter states that, while the congressional objective of competitive bidding is to establish payment amounts that reduce Medicare and beneficiary expenditures, systemic problems have prevented that objective from being fulfilled. “This objective cannot be met because CMS has designed a program that does not hold bidders accountable for their bids, does not ensure that bidders are qualified to provide the products in the bid markets, and produces bid rates that are financially unsustainable over the long term,” the letter states.
To view the letter, click here.