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Senate companion bill introduced

December 4, 2014HME News Staff

WASHINGTON - Senators Rob Portman, R-Ohio, and Ben Cardin, D-Md., today introduced a bill that seeks to improve Medicare's competitive bidding program.The Competitive Bidding Improvement Act, a companion bill to H.R. 4920, has three key components: Providers need to prove they are licensed before they submit bids; bidders would be required to obtain bid bonds; and bonds will be forfeited if the bidder declines the contract and was at or below the bid price.“Because of loopholes in the Medicare...

AAHomecare, Competitive Bidding, HR 4920