What is the Competitive Bidding Program?:QuickMedicareSupplement.com

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What is the Competitive Bidding Program?

What is the Competitive Bidding Program?

Medicare is working with suppliers to assist you save money and still get superior quality products. You may have heard that Congress changed the way that Medicare pays for certain medical equipment and supplies. You may have to use certain suppliers in your area to get certain types of Medicare-covered equipment or supplies. Starting in July 2008, this will be true in certain areas of the country.

This program will make the payment amount more competitive which will reduce your out-of-pocket costs. The program makes sure that you can get quality medical equipment, supplies and services, and limits fraud and abuse.

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