Competitive bidding is a new Medicare program that will make it challenging for Medicare beneficiaries to obtain medically necessary equipment and service they need for daily living. Medicare traditionally has contracted with many home medical equipment providers throughout the country. However, the competitive bidding program will decrease the number of providers available to supply equipment and service. Medicare will accept new providers into the system based on a bidding process. Those providers who offer the lowest bid for their equipment and service will receive contracts from Medicare. Click here to view some of the most Frequently Asked Questions about this new program. Thursday, January 20, 2011
Competitive bidding is a new Medicare program that will make it challenging for Medicare beneficiaries to obtain medically necessary equipment and service they need for daily living. Medicare traditionally has contracted with many home medical equipment providers throughout the country. However, the competitive bidding program will decrease the number of providers available to supply equipment and service. Medicare will accept new providers into the system based on a bidding process. Those providers who offer the lowest bid for their equipment and service will receive contracts from Medicare. Click here to view some of the most Frequently Asked Questions about this new program. 
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