Big difference between CBO, HHS estimates

 - 
Wednesday, May 30, 2018

WASHINGTON – Two government agencies have widely differing estimates on a proposal to expand and reform Medicare’s competitive bidding program, according to Inside Health Policy.

The Congressional Budget Office estimates that the proposal, included in the president’s fiscal 2019 budget, would cost $1.3 billion over 10 years; The Department of Health and Human Services says it would save $6.5 billion over the same time period, according to the D.C. news service.

Under the proposal, CMS would expand the bid process to all areas of the country, including rural areas. The agency would also pay contract providers using their actual bid prices, not the median bid prices.